Category: European Union

North America and Europe Control 88% of All Lightning Network Nodes, Research Finds

North America and Europe Control 88% of All Lightning Network Nodes, Research Finds

As Bitcoin adoption grows more and more, concerns about the need for scalability solutions increase. Lightning Network is the most important layer-two development currently available on the Bitcoin blockchain, and it seems that North Americans are the favorite demographic for this efficiency-focused micropayment solution. The Lightning Network is a layer-two solution currently under development. It […]

Continue Reading

Exploring the current state of cryptocurrency taxation in the European Union

Exploring the current state of cryptocurrency taxation in the European Union

Quick Take By now, guidelines for  taxation of cryptocurrency activities exist in most EU member countries. However, grey areas remain. Highly favorable tax treatments in some, and lack of taxation in other EU member countries enables regulatory arbitrage. This research piece is available to members of The Block Genesis. You can continue reading this Genesis […]

Continue Reading

Bitcoin Skeptic Peter Schiff’s Bank Investigated for Allegedly Serving Top Criminals

Bitcoin Skeptic Peter Schiff’s Bank Investigated for Allegedly Serving Top Criminals

Peter Schiff may hate Bitcoin for having no value and being the money of criminals. Still, his bank Euro Pacific Capital is not without its sins either. A joint investigation by the tax authorities of Australia, the Netherlands, Canada, the United Kingdom, and the United States has Peter Schiff’s bank targeted for allegedly facilitating tax […]

Continue Reading

Central Bank of Spain To Prioritize the Design and Study of a CBDC

The Central Bank of Spain published its Strategic Plan for 2020-2024, describing the objectives and strategies it will follow to boost its economy and adapt the country’s finances to the requirements of the modern era, and a CBDC is one of its priorities. The digital world is stealing the attention of the Spaniards. In its […]

Continue Reading

How crypto firms and retail traders in the UK might get around the new derivatives ban

How crypto firms and retail traders in the UK might get around the new derivatives ban

Quick Take Some firms and retail investors could migrate offshore, and in particular to crypto-friendly EU jurisdictions. Others are betting that UK-based traders will turn to DeFi instead. This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The Block.

Continue Reading

Will the ‘unambitious’ UK be left behind by Europe’s sweeping new crypto proposals?

Will the ‘unambitious’ UK be left behind by Europe’s sweeping new crypto proposals?

Quick Take Proposed crypto regulations in the EU make the UK, which had emerged as a global leader in crypto-specific policymaking, less attractive to crypto firms.  But given that it might take a while to implement the new EU rules, Britain may have time to regain the upper hand. This feature story is available to […]

Continue Reading

Gibraltar Updates Distributed Ledger Framework to Align With FATF Crypto Regulations

Gibraltar Updates Distributed Ledger Framework to Align With FATF Crypto Regulations

Please enable cookies. Please complete the security check to access news.bitcoin.com Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at […]

Continue Reading