Search Results for: Ether
Mastercard fined €570.6m
January 23rd, 2019
The European Commission has fined the card scheme Mastercard €570 566 000 for limiting the possibility for merchants to benefit from better conditions offered by banks established elsewhere in the Single Market, in breach of EU antitrust rules. Commissioner ...
$5 Billion wiped out of Crypto: Bitcoin below $3,500 could spell trouble
January 21st, 2019
In the past 24 hours, the crypto market has experienced a slight decline in valuation from $224 billion to $219 billion as the Bitcoin price dropped to $3,500. Previously, traders said that a drop below the $3,500 mark could ...
International trade in services: EU surplus up to over €190 bn
January 18th, 2019
The European Union (EU) surplus in trade in services, which had fallen between 2013 and 2016, increased to €191.8 bn in 2017. This is the result of EU exports of services to the rest of the world rising by ...
EU is gearing up for Union wide regulation for crypto assets
January 17th, 2019
The European Union posits that ICOs and crypto assets present substantial risks. Hence the European Securities and Markets Authority (ESMA) is looking to establish an EU-wide regulation. The EU has long been preoccupied with crypto and blockchain. However, now ...
More wealthy Europeans are leaving the U.K., movers say
January 17th, 2019
With the Brexit deadline less than 75 days away, the increasing likelihood of a no-deal split is pushing wealthy Europeans who have made their homes in the U.K. to call it a day and get the movers in. Anthony ...
This country draws Japanese Bitcoin miners seeking profit
January 16th, 2019
A combination of cheap electricity and cold weather has started to draw a growing number of Japanese bitcoin miners to Mongolia, a country sandwiched between China to the south and Russia to the north. Amid falling mining revenues in ...
HSBC settles $250 billion on blockchain
January 16th, 2019
According to a press release sent by HSBC Bank to the Financial Times and published in the newspaper on 15th of January, it settles $250 billion of Forex trades on the blockchain during 2018. HSBC, an international banking giant, uses ...
Pound rises after ‘meaningful’ Brexit vote
January 16th, 2019
The pound has risen after MPs voted to reject Theresa May’s Brexit deal by 230 votes. The vote opens up a range of outcomes, including no deal, a renegotiation of Mrs May’s deal, or a second referendum. Sterling rose ...
Business investment rate up to 23.3% in the euro area
January 14th, 2019
Eurostat, the statistical office of the European Union, has published a report in relation to the business investment rate in the euro area for the third quarter of 2018. In accordance the report: In the third quarter of 2018, ...
Crypto market begins to fall rapidly again; Bitcoin below $3,500
January 14th, 2019
Bitcoin fell below $3,500 as $5 billion was wiped out of the crypto market, and major digital assets like Ethereum recorded a six percent drop against the U.S. dollar. The 4.8 percent drop in the combined valuation of all ...
