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European Bitcoin Company Relai Reports Record Volumes Despite ECB’s Bitcoin Warning

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Despite a recent warning from European politicians on the dangers of bitcoin, the Swiss-based bitcoin app has published record results this month.

Relai, a Swiss company that provides a non-custodial bitcoin wallet app, has reported that November 2022 was its best month in terms of volume and revenue. According to a press release sent to Bitcoin Magazine, the app saw an increase of 60% compared to the previous month of October 2022.

The company also reports that November 2022 was its best month for both active users and new users, saying that more people downloaded the app in November than in September and October combined.  Read more...

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$9 Billion European Digital Bank N26 Enables Bitcoin Trading

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Users cannot transfer funds off the platform due to the bank not supporting custodial wallets, but there are lower fees for bitcoin than other digital assets.

N26, a $ 9 billion European digital bank, is launching bitcoin and cryptocurrency trading services, per a report from CNBC.

N26 Crypto, the bank’s newly formed service, is set to roll out to Austrian clients over the next few weeks and initially include bitcoin and a number of cryptocurrencies. Following its initial release, N26 plans to expand its service offering to clients in other markets over the course of the next six months.  Read more...

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European Market Sees Massive Decline Amid Crypto Bear

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The crypto bear market has had a significant impact on investing patterns across the space. Where the interest peaked in the bull market of 2021, the reverse was the case during the bear trend of 2022. In light of this, there has been an impact on the download numbers of crypto exchange apps across the space. In particular, the download numbers of crypto apps across the European market. 

Crypto App Numbers Fall By Half  Read more...

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Why Amazon Was Chosen By The European Central Bank To Develop Its Digital Euro

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Amazon, the American multinational technology company, has been chosen by the European Central Bank (ECB) alongside four other companies to provide assistance in developing user interfaces intended for a digital Euro.

Regarded as one of the most influential economic and cultural forces in the world, Amazon will help in putting up interfaces that focus on e-commerce payments.

ECB has also partnered with Caixabank and Wordline, both of which will deal with peer-to-peer online payments. Meanwhile, Nexi and EPI have been tasked to focus on point-of-sale payments that are initiated by the payer.

Image: Reuters Amazon In Charge Of E-Commerce Interface  Read more...

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A European Debt Crisis Is Bullish For Bitcoin

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With the current macroeconomic crisis unfolding and many European countries at risk of debt defaults, bitcoin enters the ring as a neutral reserve asset.

This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Brandon Green to talk about how the European debt crisis is bullish for bitcoin.

Watch This Episode On YouTube Or Rumble

Listen To The Episode Here:  Read more...

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The European Union’s Attack On Bitcoin Is An English And Math Comprehension Problem

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The nomenclature used to help the layman understand Bitcoin makes lawmakers confuse it as money instead of entries in a database. We must change the terms.

This is an opinion editorial by Beautyon, the CEO of Azteco and a contributor at Bitcoin Magazine.

A group of bitter, twisted computer illiterates in the beleaguered European Union have managed to convince the European Council that bitcoin is money, that Bitcoin wallets are actual wallets that hold actual balances of money and that they should be regulated. This is of course totally insane and an idea borne out of profound ignorance.  Read more...

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Coinbase’s Crypto Debit Card Released in 6 More European Countries

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In April, Coinbase launched the Coinbase Card, a Visa debit card that lets customers in the UK spend crypto as effortlessly as a typical debit card tied to a bank account. Now, according to a recent report by CNBC, Coinbase is expanding access to the crypto debit card to include Spain, Germany, France, Italy, Ireland […]
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Coinbase Launches Crypto Debit Card in 6 European Countries

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Coinbase Launches Its Crypto Debit Card in Six European Countries

Coinbase Card is being made available in six new countries across Europe. The service enables users to spend their digital funds in-store and online, supporting all crypto assets available to trade on the Coinbase platform such as bitcoin cash.

Also Read: How to Buy a Cryptocurrency Hardware Wallet With Bitcoin Cash

Coinbase Card Expands Across Europe

San Francisco-based cryptocurrency exchange Coinbase has announced that it is expanding its Visa debit card service in six new European countries. Coinbase Card, which was launched in the U.K. in April, will now be made available to customers in Spain, Germany, France, Italy, Ireland, and the Netherlands. The service enables account holders from the supported countries to spend their crypto balances in a familiar way to anyone with a debit or credit card.  Read more...

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bitFlyer Conducts European Study of Consumer Crypto Confidence

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Bitcoin Question Survey

On April 24, 2019, Japanese crypto and blockchain company bitFlyer released the results of a study assessing public confidence in crypto assets of 10,000 people across 10 European nations.

bitFlyer shared the findings with Bitcoin Magazine, providing details around its methodology. The 10,000 respondents were selected from 10 pools of 1,000 people from each participating nation: Belgium, Denmark, France, Germany, Italy, the Netherlands, Norway, Poland, Spain and the U.K. Questions were posed in each country’s native language, with French being the language used for multilingual Belgium.  Read more...

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How the EU and 5 European Nations Regulate Cryptocurrency

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How the EU and 5 European Nations Regulate Cryptocurrency

Leading up to the G20 summit in June, the Financial Stability Board has detailed how the European Union and its member countries are regulating crypto assets, who the regulators are in each country and the scope of their oversight. In most cases, crypto assets are overseen by several regulators.

Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request

The EU

The Financial Stability Board (FSB), an international body that monitors and makes recommendations about the global financial system, has listed four regulators for crypto assets in the European Union (EU).  Read more...

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Bitpanda Receives Payment License from the European Union

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BitPanda

In an official blog post published on April 4, 2019, the Viennese cryptocurrency brokerage platform Bitpanda confirmed that it has received a license to operate as a payment service provider in Austria.

Specifically, Bitpanda received the Payment Services Directive 2 (PSD2) license, an order that provides oversight into the operation of service providers in both the European Economic Area (EEA) and the European Union.

With this license in hand, entities in the European financial and technological space can launch new products and services for customers while following clear rules on how to operate within their common market. Bitpanda’s PSD2 was issued by the Austrian financial watchdog Financial Market Authority (FMA).  Read more...

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Singaporean and Eastern European P2P Markets Post Record BTC Volume

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Singaporean and Eastern European P2P Markets Post Record Volume

Several markets have seen spikes in peer-to-peer (P2P) volume, with the Kazakh and Singaporean Localbitcoins markets posting their second strongest weeks on record. Polish P2P trade also increased this past week, with volume reaching a 14-month high.

Also Read: Leaked Documents Suggest Mt. Gox Trustee’s Bitcoin Sales Impacted Market Prices

Singaporean P2P Trade Sees Spike

The current BTC price action appears to have driven an uptick in Localbitcoins trade volume across diverse markets, with many traders likely preparing for the various scenarios that may play out as BTC tests support near the low of 2018’s bear market.  Read more...

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Major European Digital Publisher to Start Accepting Stellar (XLM)

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SatoshiPay, a startup that offers a frictionless micropayment solution to help digital publishers monetize content on the Stellar (XLM) blockchain, has partnered with Axel Springer, one of the largest digital publishers in Europe, to monetize Axel Springer content. 📢 We are happy to announce our cooperation with Axel Springer, Europe’s largest digital publishing house! @axelspringer […]
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Zebpay Continues European Expansion, Launches EU-Wide Trading Tournament

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Cryptocurrency exchange Zebpay is opening new offices in five European countries, increasing its presence on the continent to 43 countries.

Launched in 2015 in India, Zebpay grew into one of the country’s largest cryptocurrency exchanges before shuttering its operation in September 2018, due to the crypto ban in the country. Now, the exchange operates out of Malta, and today’s expansion will make it available for users in Spain, Romania, Slovakia, Liechtenstein and Lithuania.  Read more...

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European P2P Trade Posts Strongest Activity Since March 2018

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In recent peer-to-peer (P2P) market action, Latin American Localbitcoins trade has continued to show strength after producing record volume last month. In other news, P2P trade between the euro (EUR) and BTC has posted its strongest volume in 10 months.

Also Read: Wikipedia Now Accepts Bitcoin Cash Donations via Bitpay

European and South American Localbitcoins Markets Show Strength

EUR/BTC trade on Localbitcoins has recorded its strongest week since posting record trade when measured against fiat currency at the end of March 2018.

European and South American Localbitcoins Markets Show Strength  Read more...

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Trade Wars, Brexit & a Weak 2019 Forecast: What’s Prompting Asian and European Markets to Decline?

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By CCN.com: Asian and European markets opened Tuesday on a weaker note as the International Monetary Fund (IMF) warned about sluggish global growth in 2019. Weak Chinese Market Forecasts The Asian session primarily saw a slowdown in the Chinese economy. At 0625 UTC, the Shanghai Composite index was trading at 2579.669 points, down 1.15% from

The post Trade Wars, Brexit & a Weak 2019 Forecast: What’s Prompting Asian and European Markets to Decline? appeared first on CCN

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European Banking Regulators Call for Unity in Crypto Regulations

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Last week, two of the largest banking regulators within the European Union released reports calling for uniformity in the regulations of crypto assets and Initial Coin offerings (ICOs) across the continent.

The EBA Calls for Pan-EU Crypto Regulations

On January 9, 2019, the European Banking Authority (EBA) published its assessment of crypto laws. The document, which examines the sustainability of EU laws to cryptocurrencies, analyzed the use of digital assets within the EU, as well as some of the pan-EU laws that currently govern them.  Read more...

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Kia to Sponsor the League of Legends European Championship

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With the inaugural League of Legends European Championship (LEC) set to kick-off next Friday, the organizers are finishing up their preparations for the new season. As part of this effort, the LEC announced this week that it has partnered with Kia Motors as the official automotive sponsor of the league. The #LEC welcomes @Kia_Motors! Read more here: […]
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