Europe

Gibraltar Stock Exchange Wins License for Blockchain Subsidiary

| Yogita Khatri

The blockchain subsidiary of the Gibraltar Stock Exchange now has official approval from the island's financial regulator.

Major Banks Sign Up for New EU Commission Blockchain App Association

| Yogita Khatri

The European Commission, the EU's executive body, is launching a blockchain app association next year and already has major banks on board.

UK Could Ban Some Crypto Derivatives, Says Financial Watchdog Exec

| Daniel Palmer

The U.K.'s Financial Conduct Authority is considering a ban on some cryptocurrency-based derivatives, a senior executive has said.

Swiss Finance Watchdog Tells Banks to Treat Crypto Trading As High Risk

| Yogita Khatri

The Swiss Financial Market Supervisory Authority (FINMA) is giving tough guidance to banks wanting to trade in crypto assets, a report indicates.

UK Government Says It Will Update Crypto Tax Guidance By Early Next Year

| Nikhilesh De

The UK Cryptoassets Taskforce wants to encourage the development of distributed ledger technology, according to a final report published Monday.

IBM and Maersk Struggle to Sign Partners to Shipping Blockchain

| Ian Allison

Since Maersk and IBM launched TradeLens 10 months ago, only one other carrier has joined the network. As those involved admit, that's not enough.

EU Securities Group Advises Regulating Crypto Assets Under Existing Rules

| Yogita Khatri

A group that advises the EU's securities watchdog has recommended regulating most crypto assets under existing financial rules.

Blockchain Finance Startup Clearmatics Raises $12 Million in New Funding

| Ian Allison

Blockchain finance firm Clearmatics has closed a $12-million Series A funding round led by Route 66 Ventures.

Crypto Fund Wins License From Swiss Markets Watchdog

| Wolfie Zhao

Switzerland's financial markets regulator FINMA has issued an asset management license to a crypto investment fund.

EU Markets Regulator Budgets €1.1 Million to Monitor Cryptos, Fintech

| Daniel Palmer

The EU's financial markets watchdog is setting aside over €1 million in order to monitor cryptocurrencies and other fintech activities in 2019.