Tagged: EU

March 18, 2025 @ 1:23 am By JD Alois  |  

The French Autorité des marchés financiers (AMF) has issued a public statement calling on the European Commission to improve capital markets  and boost retail participation away from savings and into “long-term investments.” In the US, over 60% of the population holds shares in public companies. … Read More

March 13, 2025 @ 9:59 am By JD Alois  |  

Mifundo reports that it has partnered with Experian to enable cross-border credit in the EU. Experience is a top credit reporting and analytics firm that provides services globally. Mifundo, founded in 2028 and based in Estonia, is developing an artificial intelligence cross-border date platform to power… Read More

March 6, 2025 @ 11:48 am By Omar Faridi  |  

The national development bank ILTE has signed a cooperation agreement with HeavyFinance and has started investing in Green Loans for farmers. The returns from loans provided through the HeavyFinance platform will be generated by “creating and selling carbon emission certificates on farms.” ILTE invests up… Read More

March 5, 2025 @ 11:43 am By JD Alois  |  

The EU has launched a new “first of its kind” program designed to help female entrepreneurs. The European Investment Bank (EIB) and the European Commission have started an initiative that aims to help EU commercial banks improve access to finance for women-owned and women-led SMEs… Read More

February 20, 2025 @ 12:14 pm By JD Alois  |  

In an address to the European Parliament, Olli Rehn, First Vice-Chair of the European Systemic Risk Board and Governor of the Bank of Finland, voiced his concerns regarding policy changes in the US as the Trump Administration takes over the federal bureaucracy, including financial regulators…. Read More

February 18, 2025 @ 8:00 am By Omar Faridi  |  

Eurobank S.A., a subsidiary of Eurobank Holdings, a banking group in Athens, Greece and LTIMindtree, a technology consulting and digital solutions company, joined forces to initiate cooperation focused on enhancing customer experience by improving banking operations and “building innovative IT services for Eurobank and its… Read More

February 17, 2025 @ 4:43 pm By JD Alois  |  

The French crowdfunding market experienced a significant decline in 2024, dropping by 17.1% compared to results generated in 2023. In total, €1.7 billion was raised, according to a report published by France Fintech in collaboration with Forvis Mazars. The peak amount of funds raised for… Read More

February 17, 2025 @ 9:00 am By Omar Faridi  |  

With Bitcoin price surpassing $100K, it’s arguable that 2025 is starting strong for the crypto industry. Regulatory developments in Hong Kong and the United Kingdom, combined with regime change in the United States, could set the stage for more institutional and mainstream adoption of stablecoins…. Read More

February 14, 2025 @ 2:22 pm By JD Alois  |  

Fraktion is a tokenization and securities crowdfunding enabler that is powered by Tezos.  The France-based company recently announced Seed funding of €1.1 million, backed by Tezos as well as Cabrit Capital, Vox Capital, and other angel investors. Fraktion is focusing on real-world assets, specifically real… Read More

February 14, 2025 @ 1:59 pm By JD Alois  |  

The EU-UK Financial Regulatory Forum met this past week in London. The entity aims to pursue regulatory cooperation while preserving financial stability and protecting participants. The event was co-chaired by HM Treasury, and the Director General for Financial Services and the European Commission Director General… Read More

February 13, 2025 @ 12:49 pm By JD Alois  |  

In a recent email, EuroCrowd announced it was adopting a new operational structure for the group. EuroCrowd is the leading voice in Europe supporting the securities crowdfunding sector. Several years ago, the ECSPR, or European Crowdfunding Service Providers regulation, was adopted by the EU. This… Read More

February 11, 2025 @ 9:44 am By JD Alois  |  

The European Union (EU) has announced a commitment of €200 billion to boost development of artificial intelligence (AI). In a public statement at the Artificial Intelligence (AI) Action Summit in Paris, Commission President Ursula von der Leyen announced the new funding to accelerate AI in… Read More

February 7, 2025 @ 6:06 am By Omar Faridi  |  

The EU AI provisions reportedly went into force on 2 February, 2025. Diyan Bogdanov, Director of Engineering Intelligence & Growth at Payhawk, the global spend management solution and Bulgaria’s “first” unicorn, explains that the EU AI Act isn’t “just another compliance burden — it’s a… Read More

February 5, 2025 @ 7:30 am By Omar Faridi  |  

Paxos, the blockchain and tokenization infrastructure platform, announced it has completed its acquisition of Membrane Finance, an Electronic Money Institution (EMI) based and licensed in Finland. The acquisition received regulatory approval, “making Paxos a fully licensed EMI” in Finland and the EU. Paxos issues USD-backed… Read More

February 3, 2025 @ 10:09 am By JD Alois  |  

Digital asset exchange Kraken has been approved for a MiFID [Markets in Financial Instruments Directive] license. A MiFID license enables a firm to provide services across the EU with standardized reporting and “enhanced” transparency. Kraken gained the approval via an acquisition of a Cypriot investment… Read More

January 30, 2025 @ 1:58 pm By JD Alois  |  

Several years back, the European Union approved the European Crowdfunding Service Providers Regulation (ECSPR), which enabled issuers to raise funds across all EU member states. Under the rules, an issuer could raise up to €5 million for an offering listed on a regulated securities crowdfunding… Read More

January 30, 2025 @ 8:45 am By JD Alois  |  

The European Central Bank (ECB) has lowered its benchmark rate by 25 basis points (bps) to 2.75%. The Bank issued a statement explaining that the “disinflation process is well on track” as price increases are said to align with staff expectations. Similar to the US,… Read More

January 30, 2025 @ 8:08 am By Omar Faridi  |  

Regtech Sumsub announces its membership into the Payments Association EU, an industry group of stakeholders in the payments sector that fosters commercial connections between businesses and advocates for better policies. It joins a group of members, including the following firms: Mastercard, Visa, and Paypal and… Read More

January 27, 2025 @ 9:41 am By JD Alois  |  

Tokenization enabler Tokeny says it has formed a partnership with ONYZE, a Spain-based Fintech that offers a white-label digital wallet that is regulated. Founded in 2019, ONYZE provides enterprise-level infrastructure for trading digital assets such as crypto, tokenized assets, NFTs, and digital currencies. ONYZE claims… Read More

January 24, 2025 @ 7:52 am By Omar Faridi  |  

OKX announced that their platform is reportedly the first Virtual Financial Assets (VFA) exchange to secure a Markets in Crypto-Assets Regulation (MiCA) “pre-authorization.” Upon receipt of a full MiCA license, OKX said they will offer “localized” crypto services to over 400 million Europeans via its… Read More