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In a report published on Saturday, the International Monetary Fund (IMF) has warned that an ongoing war in Europe and associated sanctions will have a “severe impact on the global economy.” The IMF’s report says there is “extraordinary uncertainty” in the air, and the international financial institution believes “economic consequences
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Sberbank, one of Russia's largest state-controlled banks, is dropping out of almost all European markets citing Western sanctions. Source
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Europe is seeing an increase in the number of issuers launching crypto ETPs as more investors are doing due diligence and choosing to invest in crypto. Source
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Fidelity International is to list its first bitcoin exchange-traded product (ETP) on the Deutsche Börse in Frankfurt and SIX Swiss Exchange in Zurich. Source
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Crypto exchange Bitmex is acquiring a German bank to create “a regulated crypto powerhouse.” The company plans to establish “a one-stop shop for regulated crypto products in Germany, Austria, and Switzerland.” Bitmex Plans to Become a Regulated Crypto Powerhouse Cryptocurrency exchange Bitmex announced Tuesday a purchase agreement of Bankhaus von der Heydt,
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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
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