EU Countries Seeks for Blockchain Transformation

 EU Countries Seeks for Blockchain Transformation-Seven EU nations have declared their intent to promote blockchain technology in their countries. Seven EU nations- France, Italy, Cyprus, Portugal, Spain, Greece and Malta. On Tuesday, seven southern EU member states signed a declaration to foster the use of Blockchain beyond cryptocurrencies. The group called the “Mediterranean seven,” is […]

Seven EU Members Sign Declaration To Boost The Use Of Blockchain

Seven southern European Union (EU) member states have signed a declaration to boost the use and promotion of Distributed Ledger Technology’s (DLT) beyond cryptocurrencies, reported by the Financial Times Dec. 4.   The declaration which was made during a meeting of EU transport ministers in Brussels was made by France, Italy, Cyprus, Portugal, Spain, Greece, […]

People Warned By Regulators In France To Not Purchase Bitcoins From Tobacconists

Last week, NvestWeekly had reported that 2019 will be great for cryptocurrency in France as the Tobacconists in the country were ready to make the Bitcoin available with them in 2019.However, French Regulators and the National Bank have come with a set of warnings for the people saying that it is not good to invest […]

Two more Blockchain Based Ports

Two more Blockchain Based Ports-Nvest Weekly previously reported that a port in Spain was all set to be built on Blockchain technology. Similarly, New additions are now being added to ‘Blockchain Based Ports’ list. Which makes blockchain enthusiasts around the world very happy to hear. Maqta Gateway Maqta Gateway is a subsidiary of Abu  Dhabi […]

Coinbase expands its European presence

Coinbase expands its European presence-San Francisco-based cryptocurrency exchange Coinbase has opened a new office in Dublin, Ireland, as it looks to broaden its European reach, according to an announcement published Oct. 15. In addition to helping expand its operations in Europe, the new Irish offices are reportedly part of a contingency plan for when the […]

BaFin’s President backs Global Regulatory System for Cryptocurrencies and ICOs

BaFin’s President backs Global Regulatory System for Cryptocurrencies and ICOs. The president of BaFin, which is Germany’s financial watchdog, is strongly backing a global regulatory structure for initial coin offerings. Condemning of digital currency’s financial rounds, Felix Hufeld encourages private financial specialists to “keep their hands off such things”.   BaFin, An Independent Institution   […]

€30 Million Lost In Bitcoin Scam

It is reported that about 700 French citizens have encounterd approximately €31 million Lost in the Bitcoin Scam. The loss incurred was during the time when Bitcoin and other cryptocurrencies were high on trading markets. Initial proceedings : According to stock market regulators of France, Autorité des marchés Financiers, people were being lured into the scam […]