• This is not really the flag of the European Union (via Pixabay).
    Europe

    EU study: blockchain can help meet data privacy rules

    While big hurdles remain, blockchains can likely be designed to meet and even support GDPR privacy requirements

    A new report by the European Parliamentary Research Service takes issue with the idea that blockchains are incompatible with the EU’s new data privacy laws.

  • money laundering
    Cryptocurrencies,  Europe,  United States

    US sues BTC-e exchange owner Alexander Vinnik for $100 million

    The FinCEN lawsuit comes in addition to criminal charges alleging money laundering for drugs and cryptocurrency exchange hackers

    Alleging violations of the Bank Secrecy Act, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) filed a civil suit against BTC-e founder Alexander Vinnik on July 25, seeking to recover more than $88 million in customer funds from the exchange and $12 million in from Vinnik personally.

  • U.K. Prime Minister Boris Johnson, who clearly went to Paul Weller's barber from the 1980s (Photo by Dominique from UK via Wiki Commons).
    Cryptocurrencies,  Europe,  Libra,  Opinion

    New Prime Minister Boris Johnson needs to turn to crypto before the EU turns on him

    Is this the technology he says will solve the upcoming headaches?

    On Wednesday former London Mayor and ridiculous human being Boris Johnson will take over as U.K. Prime Minister. The nation’s 160,000 Conservative members were eligible to vote in the contest and 87.4% turned out to vote. This means that the 92,153 citizens who voted for Boris Johnson got to make the selection on behalf of 66 million U.K. residents. In other words, one Conservative party member got to speak for 715 citizens. The upcoming hard-Brexit date of October 31 is going to be a Nightmare on Downing Street, but Johnson could ease Britain’s currency crisis by investing in cross-border crypto payments such a Facebook’s Libra.

  • Christine Lagarde, when she was head of the IMF and before she became the ECB chief (via IMF.org)
    Europe,  Libra

    Christine Lagarde’s nomination to head the ECB is good news for Facebook’s Libra, says eToro’s Mati Greenspan

    The European Central Bank’s incoming leader will bring a positive outlook on digital assets

    Facebook’s new Libra stablecoin got a break in Europe last week with the announcement that Christine Lagarde has been nominated to be the new head of the European Central Bank, says eToro’s senior market analyst, Mati Greenspan.