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EU Markets Regulator Budgets €1.1 Million to Monitor Cryptos, Fintech

EU Markets Regulator Budgets €1.1 Million to Monitor Cryptos, Fintech The EU’s financial markets watchdog has revealed that it is setting aside over €1 million in order to monitor cryptocurrencies and other fintech activities during 2019. As revealed in its 2019 Annual Work Programme – dated September 26 but released today – …

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‘Crypto Assets Are Here to Stay,’ Says EU Commission Vice President

‘Crypto Assets Are Here to Stay,’ Says EU Commission Vice President The European Commission, the executive body that proposes legislation for the EU, will this year conclude a regulatory assessment for the governance of crypto assets, because they are “here to stay,” a high-level has official said. Speaking at a …

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European Commission fines Google $5.1 billion for Android anti-trust issues

European Commission fines Google $5.1 billion for Android anti-trust issues The European Commission has fined Google a record breaking $5.1 billion. The EU is accusing the company of severe anti-trust issues related to the search engine giant’s handling of the Android ecosystem. The post European Commission fines Google $5.1 billion …

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Google gets slapped $5BN by EU for Android antitrust abuse – TechCrunch

Google gets slapped $5BN by EU for Android antitrust abuse – TechCrunch Google has been fined a record breaking €4.34 billion (~$5BN) by European antitrust regulators for abusing the dominance of its Android mobile operating system. Competition commissioner Margrethe Vestager has tweeted to confirm the penalty ahead of a press …

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Bittrex and Invest.com Partner on New Crypto Trading Platform

Bittrex and Invest.com Partner on New Crypto Trading Platform Bittrex, a U.S.-based cryptocurrency exchange platform, and invest.com, a fintech startup based in London, are set to launch a new EU-focused crypto trading platform. The collaboration, announced Thursday, aims to provide cryptocurrency investors with “the ultimate platform to trade cryptocurrency in …

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EU Report Says Cryptocurrencies ‘Unlikely’ to Challenge Central Banks

EU Report Says Cryptocurrencies ‘Unlikely’ to Challenge Central Banks Cryptocurrencies will not challenge the economic power of central banks, the European Parliament said last week. In the latest Monetary Dialogue report issued on June 26, the European Parliament’s Committee on Economic and Monetary Affairs said that while cryptocurrencies have made …

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Malta Passes Trio of Bills as Part of ‘Blockchain Island’ Plan

Malta Passes Trio of Bills as Part of ‘Blockchain Island’ Plan Malta has taken a significant step toward becoming a “Blockchain Island.” Announced Tuesday by Silvio Schembri – a Maltese Member of Parliament and the parliamentary secretary responsible for financial services, digital economy and innovation – the island nation’s parliament …

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