Europe
📢 Europe: UK neobank Revolut connects to the Bitcoin network via Lightspark Paid Members Public
📢 Europe: UK neobank Revolut connects to the Bitcoin network via Lightspark Revolut has announced its integration with the decentralized Lightning payment network, using infrastructure developed by Lightspark based on the UMA protocol. This partnership will enable instant BTC transfers with minimal fees, within the open ecosystem known as the "
⚡️United Kingdom 🇬🇧: strict crypto regulation is on the horizon Paid Members Public
⚡️United Kingdom 🇬🇧: strict crypto regulation is on the horizon The UK is developing new legislation for digital assets in collaboration with the United States. While the European Union has already implemented its MiCA framework, the British government has emphasized that the U.S. experience in this space serves as a
🎉 Ukraine 🇺🇦 prepares to join the European SEPA banking payment system Paid Members Public
🎉 Ukraine 🇺🇦 prepares to join the European SEPA banking payment system The government has approved a package of draft laws aimed at aligning with EU requirements, focusing primarily on anti-money laundering and counter-terrorism financing measures. ➡️ The official application to join the Single Euro Payments Area (SEPA) can only be submitted once
☠️ By 2027, the EU will ban anonymous crypto accounts and privacy-focused tokens Paid Members Public
☠️ By 2027, the EU will ban anonymous crypto accounts and privacy-focused tokens Monero, Zcash, and Dash are under threat from new AML regulations designed to strengthen financial system protections — potentially at the expense of one of crypto’s core principles: privacy. 🌟 Article 79 of AMLR sets strict prohibitions on anonymous
📉 Europe: The Central Bank will form a task force to simplify banking rules Paid Members Public
📉 Europe: The Central Bank will form a task force to simplify banking rules Although this topic hasn't been widely discussed, it is expected that the group will consist of the Presidents of the Central Banks of Germany🇩🇪, France🇫🇷, Italy🇮🇹, and Finland🇫🇮, who will be responsible for the initiative.
👀 United Kingdom 🇬🇧: Treasury Committee may mandate shops to accept cash in the future Paid Members Public
👀 United Kingdom 🇬🇧: Treasury Committee may mandate shops to accept cash in the future The aim is to protect vulnerable groups for whom cash remains the only viable payment method. ▶️ Context: Vulnerable groups include people with learning disabilities, victims of domestic abuse, and the elderly. But even beyond these segments, cash
💪 Europe: Open banking opens a promising future for A2A payments... and more Paid Members Public
💪 Europe: Open banking opens a promising future for A2A payments... and more Global API requests are projected to increase by 470% by 2027, reaching 580 billion, with Europe expected to lead this transformation. 💲 In 2020, about 12.2 million Europeans were using open banking services — roughly half of all global
🧐 Italian authorities 🇮🇹 demand that UniCredit exit Russia 🇷🇺 Paid Members Public
🧐 Italian authorities 🇮🇹 demand that UniCredit exit Russia 🇷🇺 The Italian regulator is threatening to block the acquisition of local bank Banco BPM unless UniCredit reduces its presence in Russia. Another condition would be to limit lending activity on Russian territory. 🎀 UniCredit’s Russian subsidiary, UniCredit Bank, is a legal Russian entity.