Europe and the ECB: The need for a decentralized currency
Europe, like the rest of the world, has struggled to emerge from the recent financial morass. Tough decisions have been taken and the economic indicators emerging are somewhat promising. However, recent actions of the European Central Bank (the ECB) are causing concern amongst external observers. The ECB is, essentially, the Central Bank for the Eurozone area. In order to ensure the ECB's independence it is allocated its own budget and Governors are appointed for a minimum period of 5 years, members of the board are appointed for a non-renewable term of eight years. This security of tenure....
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Last week, one of the most interesting topics of debate in the Bitcoin community was how the future of this disruptive virtual currency allegedly lies in Europe. While Europe has several things going for it as far as Bitcoin is concerned, there is no real reason why this part of the world favors Bitcoin more than anywhere else. In fact, there is a severe....
If you want to buy BTC in Europe, there are four primary ways you can do so: Through bitcoin exchanges like Kraken, Coinbase Pro and Bitstamp;Through decentralized (or peer-to-peer) exchanges, which offers users more privacy, e.g., Bisq, LocalBitcoins and HodlHodl;At Bitcoin ATMs, which are a ...
Startup Europe organized a "Blockchain and Digital Currencies Workshop" on April 27. Digital Currency Summit founder Alex Puig led the event, with the participation of Bitcoin companies and senior financial experts. Each European Union (EU) country regards Bitcoin differently, and regulations are constantly evolving. The Startup Europe initiative seems a first step to establish EU-wide coordination of national initiatives for Bitcoin regulation and government-funded research. Startup Europe aims to strengthen the business environment for web and ICT entrepreneurs so that their ideas and....
The Bitcoin ecosystem extends far beyond the realm of finance and money; there are so many use cases for the blockchain technology underpinning the digital currency. While developers and engineers try to come up with creative ways to integrate the blockchain into our daily lives, various conferences are taking place all over the world, which could have implications for Bitcoin and its technology. Crowdsourcing Week Europe 2015 is a premier event that may be of great interest to digital currency enthusiasts. This four-day conference, which takes place in Brussels, Belgium, will highlight....
The creation of EDCAB signals industry’s commitment to work with policymakers over the long term to achieve positive outcomes for the sector and the European citizens it serves. There is no denying European policymakers are keeping a very close eye on the blockchain ecosystem. So much even that a new trade body has been established, which goes by the name of EDCAB. Exciting times are ahead for blockchain innovation in Europe, assuming policymakers can keep up with the trends. Although digital currency and blockchain technology have gone entirely unregulated for quite some in Europe, things....