Portugal Chases Crypto-Friendly Status With New ‘Free Zones’ for Tech

Building on previous advantages for traders and miners, Portugal continues to establish a crypto haven with Technological Free Zones. In a bid to drive innovation forward and to stimulate the economy, Portugal has recently approved a nation-wide plan to encourage digitalization in several fields. Published on April 21, the “Digital Transitional Action Plan” puts forward […]

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Porsche Backs Blockchain Platform for Vehicle Management in $6M Funding Round

Blockchain startup Gapless has raised $6 million from investors, including world-famous car manufacturer Porsche. Porsche has participated in a 5.5 million euros ($5.9 million) funding round for a German startup Gapless — the developer of a blockchain-based vehicle management system. Among other contributors, Gapless saw FinLab EOS VC Fund, a joint venture between Block.one and […]

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European Central Bank: Digital Euro Should Not Discourage Private Initiatives

The European Central Bank is looking to renovate its payments infrastructure, studying both public and private solutions, with or without blockchain. A blog post from the European Central Bank (ECB) discusses the importance of resilient payment mechanisms. While the report focuses on legacy systems, it also mentions novel blockchain-based technologies like the digital euro. Published […]

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Bitmain-Backed Platform Matrixport Enables Users to Buy Crypto With Credit Cards

Matrixport’s platform now allows users to buy crypto currencies directly through Visa and Mastercard. Bitmain-affiliated financial service platform Matrixport has teamed up with Simplex, an EU-licensed payments processing firm, to allow users to purchase select cryptocurrencies using their credit and debit cards. Matrixport users can buy seven cryptocurrencies with most popular fiat currencies As part […]

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Is Europe’s Experience in E-Signatures and Digital IDs Valuable for Australia?

Digital signatures, electronic identification and electronic signatures: Could Europe’s experience with their regulation help Australia (and not only)? Europe has been running a legislative framework for electronic signatures and digital identities since 1999. In 2014, the European Parliament introduced a significant upgrade by presenting electronic identification and trust services for electronic transactions in the internal […]

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One-Man Crypto Company Crushed by Netherlands’ AMLD5 Implementation

A one-man crypto savings platform has announced it will cease operating amid Holland’s implementation of Europe’s AMLD5 anti-money laws. Dutch Bitcoin (BTC) savings platform, Bittr, has decided to cease operations ahead of Holland’s introduction of the EU’s AMLD5 anti-money laundering, or AML, regulations. Bittr’s closure follows criticism of the Netherlands’ implementation of AMLD5 — reportedly […]

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EU-Founded Task Force to Study How Blockchain May Help COVID-19 Response

An enterprise-focused blockchain association has partnered with the European Commission and UCL to develop a list of DLT solutions useful in fighting COVID-19. A blockchain association has partnered with the European Commission and University College London (UCL) to coordinate blockchain solution providers in addressing the coronavirus pandemic. The organization, called the International Association for Trusted […]

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