Latest Posts with Europe tag

Europe

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This central bank is thinking to launch a cryptocurrency

4 Oct 2020 1 minute read 0 comments Blindworld

My first post on this platform was named as life along with trends, and now I am seeing it. Central Banks and regulatory authorities were not the supporters of blockchain-based currency. But years after the Bitcoin surge, digital currency transactio...

ECB is Serious With Digital Euro, Tweets a Thread

2 Oct 2020 1 minute read 10 comments Abhimanyu Krishnan

The European Central Bank (ECB) offered some details on its stance on a Digital Euro via Twitter on October 2, and it appears that the bank is quite serious about its adoption. The ECB states that a Digital Euro could provide “a universally accepted...

Europe's Bitpanda Raises $52M in Series A Funding Round

29 Sep 2020 1 minute read 0 comments Abhimanyu Krishnan

Cryptocurrency brokerage firm Bitpanda has raised $52 million in a Series A funding round, according to an announcement made on September 29. Venture capitalist Peter Thiel’s Valar Ventures led the investment round; additional investors include Aust...

ECB: Stablecoins a Less Plausible Store of Value, Term Stablecoin is Misleading

23 Sep 2020 1 minute read 0 comments Abhimanyu Krishnan

The European Central Bank (ECB) issued a report on September 22 where it spoke, among other things, on stablecoins. It tentatively suggested that digital assets could be useful, but also notes that it poses risks to current systems. The report discu...

11 Killed in Czech Republic Apartment Block Fire

9 Aug 2020 1 minute read 0 comments AverageVancouverite

11 people are confirmed dead while 10 others were injured after a fire in a block of apartments in the town of Bohumin, the Czech Republic. The fire started at about 18:40 local time, and media outlets say the fire was "fast moving". Described as the...

British Airways to Retire All Boeing 747 Aircraft

18 Jul 2020 1 minute read 1 comment AverageVancouverite

British Airways announced that due to the sharp drop in travel demand sparked by the Covid-19 coronavirus pandemic, the company will retire all of its Boeing 747 aircraft effective immediately. The four-engined jumbo jets are less efficient than mode...

Balkan Landscapes

10 Jul 2020 1 minute read 1 comment Ghous

Hi there people! How have you all been, I hope in good spirits and health. It is summer again, the time of the year, when we plan our vacations with family or friends. It is the time of the year that school going kids are eagerly waiting for due to s...

Air France - KLM to Cut Over 7,500 Jobs Amid Covid-19 Pandemic

5 Jul 2020 1 minute read 0 comments AverageVancouverite

Air France - KLM announced that amid a large lack of demand for air travel brought by the Covid-19 coronavirus pandemic, the company plans to cut over 7,500 jobs from its French operations over the next three years. Air France will cut 6,560 staff wh...

Italian Police Seizes 14 Tonnes of Counterfeit Captagon Pills

2 Jul 2020 1 minute read 0 comments AverageVancouverite

Italian police officials state that about 84 million counterfeit Captagon pills worth an estimated 1.1 billion United States dollars were discovered hidden in containers at the port of Salerno. The 14 tonnes of amphetamine and theophylline are suspec...

The EU's New Rules for Cryptocurrencies

30 Jun 2020 1 minute read 0 comments Aristos

The European Union is considering passing a new regulatory and legislative framework around cryptocurrencies. In the meantime, stricter regulations are expected on various projects such as Libra and other stablecoins.   European Economy Commissioner...