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Tesla has another case of unintended vehicle acceleration on its hands, this time in the Netherlands. Regulators do not believe that Tesla’s explanation matches the driver’s claim, and a BMW owned affiliate wants a full explanation. Tesla can expect scrutiny from EU regulators as the company threatens German dominance in the region. The
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Binance, one of the world’s largest cryptocurrency exchanges, is planning to further bolster its fiat-to-crypto gateways by hiring a former TradingView exec.Iskander Malikov, a former chief operating officer at major trading chart analysis service TradingView, has joined Binance as the new director of fiat, the exchange announced Feb. 6.Former
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The European Central Bank (ECB) remains open to the idea of a digital euro equivalent but would want to stop citizens holding too much of it. That was the conclusion of a fresh working paper on so-called central bank digital currencies (CBDCs) by Ulrich Bindseil, the bank’s Director General of
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“We’re also encouraged by continued corporate and venture investment in market infrastructure companies as well as the entry of traditional exchanges into the digital assets ecosystem," Jessop said. "These and other market indicators, alongside interest expressed from U.K. and European client prospects, indicate a market with increasing potential which gives
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Gemini, the top global cryptocurrency exchange per CryptoCompare’s latest Exchange Benchmark, hired a former senior executive from United Kingdom-based Starling Bank.Julian Sawyer, a former CEO and co-founder at Starling, will now lead Gemini Europe — the European affiliate of Gemini Trust Company — as the managing director of the
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In the past 18 months, Gemini has added several senior leaders to its ranks. The former global head of financial crimes at Morgan Stanley, Noah Perlman, joined Gemini as its chief compliance officer; its chief security officer, David Damato, came from cybersecurity firm Tanium; its new general counsel, Sydney Schaub,
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The implementation of blockchain technology in supply chains could save businesses in Western Europe $450 billion in logistics-related costs.According to a new study from CryptoX Consulting and Swiss enterprise blockchain firm Insolar, blockchain technology can reduce supply chain-related costs for businesses between 0.4% and 0.8%.While that may sound like
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According to a new bill on the Fourth Money Laundering Directive drafted by the European Union (EU), banks could be authorized to offer digital assets services including storage for customers. Germany would likely be the first nation to adopt the proposal. According to a German news report published on November
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European Central Bank (ECB) board member Benoit Coeure has warned that global stablecoins remain untested and raise potential risks across multiple policy domains. Coeure, a member of the ECB’s Executive Board, made his remarks at the Joint Conference of the ECB and National Bank of Belgium on Nov. 26,
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The central bank of France wants the eurozone to build a DLT-based settlement system that moves euros faster and more cheaply than existing tech. Source
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