European Crypto Cards Reactivate as FCA Allows Wirecard to Resume Operation

Wirecard-issued crypto debit cards from companies like Crypto.com and TenX have been reactivated following permission from the United Kingdom’s Financial Conduct Authority, or FCA. On 29 June, the U.K. watchdog allowed Wirecard Card Solutions, a Newcastle-based subsidiary of troubled German company Wirecard AG, to resume regulated activity. The FCA suspended Wirecard Card Solutions’ license on June 26, soon after news about Wirecard AG misrepresenting over $2 billion in cash reserves surfaced. The respective restrictions were lifted at 00:01 GMT on June 30, 2020, meaning that all crypto debit cards issued…

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80% of US and European Institutional Investors Find Cryptocurrency Appealing: Survey

A new survey of about 800 institutional investors in the U.S. and Europe shows strong cryptocurrency adoption, particularly bitcoin. About 80% of institutions said they find cryptocurrency appealing, and 60% believe cryptocurrencies have a place in their portfolios. Crypto Appeals to 80% of Institutions Surveyed Fidelity Digital Assets, the cryptocurrency arm of Fidelity Investments, announced Tuesday the results of a survey to better understand institutional interest and adoption of cryptocurrencies as well as key barriers to investing in them. It was conducted from November 2019 to March 2020. Fidelity Digital…

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European Commission Calls On Blockchain Devs for Defense-Focused Solutions

The European Commission (EC) is offering grants to blockchain developers and other specialists for solutions that adapt technologies from civil to defense applications. On March 24, the EC published a European Defense Industrial Development Program tender calling on small-to-medium enterprises (SMEs) to propose rapid, cost-effective solutions — focused on new approaches and proposals for technologies or concepts that have previously not been applied to the defense sector. Combinations of blockchain with “digital twins” for logistics purposes As regards blockchain, the EC provides an outline to guide applications to the program,…

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Marc Taverner Speaks on His New Role as European Blockchain Director

The International Association for Trusted Blockchain Applications (INATBA), a distributed ledger technology initiative established by the European Commission (EC) last year, has appointed former Bitfury Group global ambassador Marc Taverner as the first INATBA executive director on March 5. INATBA was launched through collaboration between the 26 members of the EC’s European Blockchain Partnership during April 2019. The association seeks to bring together industry leaders, policymakers, standard-setting bodies to support the mainstream adoption of distributed ledger technology across multiple economic sectors. Cointelegraph spoke to Taverner to discuss his role as…

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