The acquisition, which is step one in 2TM’s plans to expand into Europe, still needs approval from Portugal's Central Bank, 2TM told CoinDesk in a written statement, although the company expects that to occur “within the next couple of months.” Source link … [Read more...] about Parent Company of Brazil’s Largest Crypto Exchange Enters Europe With Portuguese Acquisition
BCB Group, the crypto-dedicated payments services provider, has acquired fintech-focused Sutor Bank, gaining control of a German bank to drive its expansion in the European Union.Terms of the deal, which requires approval from the German regulator, BaFin, were not disclosed. BCB said it expects the transaction to be cleared by the end of February.“Adding a fully licensed bank … [Read more...] about BCB Group Expands in Europe With Acquisition of 100-Year-Old German Bank
Ethereum was the first generalist blockchain to popularize Decentralize Finance (DeFI) through its use of smart contracts. In turn, they created a rich ecosystem of dApps as web interfaces to the blockchain’s smart contract, so far accounting for 3,778 dApps across 6,730 smart contracts. Such dApps have recreated virtually the entire financial system – borrowing, lending, … [Read more...] about Diving in: Why are 81% of Ethereum’s Beacon Chain nodes in the U.S. and Europe?
BLOC offers exposure to the most established crypto assets, which represent around 70% of the cryptocurrency market cap, such as bitcoin, ether, bitcoin cash and litecoin. To avoid overexposure to bitcoin and ether, however, the combined allocation to the two is capped at 75%. Source link … [Read more...] about WisdomTree Lists Three Crypto Basket ETPs in Europe
The move from a traditional bank to Bitpanda was a “no-brainer,” Barraclough said in an interview. “As cryptocurrency investments further become part of mainstream financial markets, retail and institutional investors are demanding tools which enable them to pursue traditional investing strategies while navigating trading nuances specific to digital assets,” he said. Source … [Read more...] about Bitpanda Pro Hires Former JPMorgan Exec to Lead Growth in Europe