Europe

CME’s Bitcoin Index Provider Wins First EU Crypto Benchmark License

| Nikhilesh De

The U.K FCA has authorized CF Benchmarks as a Benchmark Administrator under EU regulation coming into effect in January.

France Says It Will Block Facebook Libra in Europe

| Daniel Palmer

The French finance minister has said the nation plans to block Facebook's Libra cryptocurrency in the EU over its threat to national currencies.

Facebook Libra Brings ‘Risks and Opportunities’: Swiss Watchdog Chief

| Daniel Palmer

FINMA's director has spoken out about the risks of working with a major project like Facebook's Libra, and said there are also potential benefits.

Facebook Libra Is Seeking to Register as a Payment System in Switzerland

| Daniel Palmer

The non-profit set up to run Facebook's Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland.

Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official

| Daniel Palmer

Facebook's Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said.

ECB’s Mersch Warns Over ‘Treacherous Promises’ of Facebook Libra

| Daniel Palmer

Yves Mersch has warned of the threat posed by Facebook's Libra to monetary policy and consumers in the EU.

Facebook Libra Already Facing an EU Antitrust Probe: Report

| Daniel Palmer

Facebook is reportedly already under investigation by the EU over antitrust issues related to its Libra cryptocurrency project.

US Lawmakers to Discuss Facebook Libra on Swiss Visit: Report

| Daniel Palmer

Congresswoman Maxine Waters and other U.S. lawmakers will discuss Facebook's crypto project with the Swiss data privacy chief this week.

Man Offering Hacking Services for Bitcoin Gets 20-Month Jail Sentence

| Daniel Palmer

A British man has been handed jail time and ordered to forfeit over £400,000 ($487,000) for offering hacking services and stolen data for crypto.

UK Advertising Watchdog Upholds Complaints Against BitMEX Bitcoin Promotion

| Daniel Palmer

The U.K. Advertising Standards Authority has upheld complaints over a "misleading" bitcoin ad placed by crypto derivatives exchange BitMEX.