Ripple Execs Meet Luxembourg’s Finance Minister: A Deal In The Making?
Ripple’s top legal and European policy leads met with Luxembourg’s Finance Minister Gilles Roth to discuss the company’s push to obtain a license in the Grand Duchy—a move that would position the US fintech to passport regulated digital-asset services across the European Union under MiCA. What Ripple’s Luxembourg Meeting Reveals After the meeting, Roth struck […]
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In an announcement made yesterday, Luxembourg’s Finance Minister disclosed that the European country’s Intergenerational Sovereign Wealth Fund (FSIL) is set to allocate 1% of its total portfolio to Bitcoin (BTC) exchange-traded funds (ETFs) and other cryptocurrencies. Luxembourg Wealth Fund Invests In Bitcoin In a major nod of approval for Bitcoin as a mainstream asset, Luxembourg’s […]
Circle’s Jeremy Allaire and Luxembourg Finance Minister Pierre Gramegna discussed the future of blockchain at the World Economic Forum. Regulation and blockchain’s future were major topics at the Unblocking the Blockchain event at this week’s World Economic Forum in Tianjin, China. Conspicuous Differences of Opinion. The hour-long debate, featuring....
According to former Greek Finance Minister Yanis Varoufakis, prior to making a deal with European creditors, he was authorized to find an alternative way to keep the country's financial health in good standing. He assembled a team, and together they hacked into his own Ministry and got the taxpayer database along with other sensitive information. They intended to create Euro liquidity for Greece one way or another. Varoufakis admitted as much recently in London, according to the Telegraph. He also told them: The context of all this is that they want to present me as a rogue finance....
The Indian finance minister has finally revealed clues about what is in the cryptocurrency bill that is due to be introduced in parliament. Mentioning no crypto ban, she said that the government will take “a very calibrated” approach to cryptocurrencies. Indian Finance Minister Provides Clues on Upcoming Crypto Regulation Indian Finance Minister Nirmala Sitharaman shed some light on the upcoming crypto regulation in her country during CNBC-TV18’s IBLA townhall Friday. This is the first time she talked about the content of the bill and the Indian government’s plans....
In the wake of the voting yesterday, Greek Finance Minister Yanis Varoufakis realized that he would not be able to stay on as finance minister. He explains it as such on his blog, saying: Soon after the announcement of the referendum results, I was made aware of a certain preference by some Eurogroup participants, and assorted 'partners', for my... 'absence' from its meetings; an idea that the Prime Minister judged to be potentially helpful to him in reaching an agreement. For this reason, I am leaving the Ministry of Finance today. Kostas Koutsaftikis / Shutterstock.com. This could be an....