Europe

(SEAN GLADWELL/Getty Images, modified by CoinDesk)
Europe’s Energy Crisis
Goldman Sachs is predicting U.K. inflation could hit 22% if natural gas prices remain elevated.
(SEAN GLADWELL/Getty Images, modified by CoinDesk)

(Revolut)
Digital Bank Revolut Gets Approval to Offer Crypto Services Throughout Europe
The authorization will let the firm, which was valued at $33 billion in a recent funding round, offer crypto services to its 17 million customers in the European Economic Area...
(Revolut)

Korea Blockchain Week is taking place in Seoul, South Korea. (Ciaran O'Brien/Unsplash)
EU Official Says Europe’s MiCA Bill Would Prevent Collapses Like Terra's
Peter Kerstens said the rules would require stablecoins to be fully collateralized and redeemable upon request.
Korea Blockchain Week is taking place in Seoul, South Korea. (Ciaran O'Brien/Unsplash)

(Kutay Tanir/Getty Images)
Here's Why Portuguese Banks Are Closing Crypto Exchange Accounts
At least three exchanges have had their accounts shut despite obtaining regulatory approval to operate in the country. The reason? The banks' fear of potential money launderin...
(Kutay Tanir/Getty Images)

Markets Daily Podcast Cover
Crypto News Roundup for July 22, 2022
With bitcoin pushing back toward $24K as ether extends its extraordinary rally, plus a look at tokenized carbon credits, CoinDesk’s “Markets Daily” is back with the latest new...
Markets Daily Podcast Cover

The EU is currently pondering whether to issue its own CBDC, a digital euro (D3Damon/Getty Images)
Major Banks Urge Caution With European Union's CBDC Plans
The European Commission should evaluate the impact of issuing a digital euro, the Institute of International Finance said.
The EU is currently pondering whether to issue its own CBDC, a digital euro (D3Damon/Getty Images)

Saint Helier, Jersey. (falco/Pixabay)
CoinShares' Losses From Terra's Slide Hit $21.4M
Liquidating the digital asset firm's position was a "humbling lesson," the CEO said.
Saint Helier, Jersey. (falco/Pixabay)

Portugal has made a U-turn on taxing cryptocurrency. (aayush_gupta/Unsplash)
Portugal Makes U-Turn on Cryptocurrency Tax
Reversing its previous hands-off stance, the nation will impose taxes on the exchange and sale of cryptocurrencies.
Portugal has made a U-turn on taxing cryptocurrency. (aayush_gupta/Unsplash)

Grayscale Investments CEO Michael Sonnenshein (CoinDesk)
Grayscale Investments to List Its First ETF in Europe
The Grayscale Future of Finance exchange-traded fund will list on the London Stock Exchange, Deutsche Börse and Borsa Italiana.
Grayscale Investments CEO Michael Sonnenshein (CoinDesk)

Klaas Knot (Horacio Villalobos/Corbis/Getty Images)
Global Financial Stability Watchdog FSB Says It Could Write Crypto Rulebook
The Financial Stability Board joins tax and money-laundering bodies in responding to calls for coordinated international action to regulate the industry.
Klaas Knot (Horacio Villalobos/Corbis/Getty Images)