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EU To Indefinitely Freeze Russian Assets, Removing Obstacle To Ukraine Loan
The European Union looked set on Friday to indefinitely freeze Russian central bank assets held in Europe, removing a big obstacle to using the cash to help Ukraine defend itself against Moscow's invasion.
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Sperm Donor With Cancer-Causing Gene Fathered 197 Children In Europe, Alarming Investigation Reveals
The mutation gives a person up to a 90% lifetime chance of developing various cancers, often in childhood or early adulthood.
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Android Devices Vulnerable to New ‘Sturnus’ Malware That Attacks Bank Apps, Bypass E2E Encryption: Report
Android devices are vulnerable to a newly identified Android Banking Trojan, called Sturnus, according to a report. The malware was found by MTI Security researchers. It is said to be targeting Android users primarily in the Southern and Central European countries. It is designed to give remote access to attackers, replicate banking apps' login pag...
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RBI Announces Interlinking Of UPI With European Instant Payment System
In a significant move, the Reserve Bank of India (RBI) on Friday has announced the interlinking of Unified Payments Interface (UPI) with the TARGET Instant Payment Settlement (TIPS) of the Eurosystem.
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French Lawmakers to Review Proposal to Ban CBDC, Support Bitcoin Reserve and Crypto Oversight
France’s lawmakers are set to debate a motion that seeks to block the European Central Bank’s digital euro proposal and create a national Bitcoin reserve. The initiative, led by Éric Ciotti and UDR members, aims to safeguard privacy, encourage euro-pegged stablecoins, and tighten oversight under MiCA regulations.
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11 Common Reasons Schengen Visas Get Rejected And How To Avoid Them
By knowing the common reasons for rejection and preparing carefully, you can protect your chances and make your European travel dreams a reality.
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Czech Republic Hit By Major Power Outage
A major power outage that hit parts of the Czech Republic, briefly halting underground trains in the capital Prague, was probably the result of a technical outage, with no signs of a cyber or terrorist attack, authorities said.
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Belgium Confirms Mehul Choksi In Country, Says Aware Of Extradition Request
Fugitive diamond trader Mehul Choksi - one of India's most wanted in connection with the Punjab National Bank loan fraud case - is currently in Belgium, the European nation has confirmed to NDTV.
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Ukraine Needs $524 Billion To Recover, Rebuild After 3 Years Of War: World Bank
The estimated cost to rebuild Ukraine's economy after Russia's invasion has risen to $524 billion, nearly three times its expected 2024 economic output, the World Bank, United Nations, European Commission and the Ukrainian government found.
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ECB President Says Bitcoin Won't Enter Reserves of Any EU Central Banks
Ales Michl, the governor of Czech Republic’s central bank, suggested ECB’s General Council to consider adding Bitcoin as part of its reserved assets. Dismissing the suggestion, Lagarde said reserved assets need to be liquid and secure – criteria she feels are not strong with BTC for now.
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EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
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"Work Harder", Germany: Deutsche Bank CEO's Plea For Economic Recovery
Speaking at the Handelsblatt banking summit, Sewing highlighted the disparity between Germanys work hours and those of other European countries, urging a change in work attitudes.
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Europe Issues 'Travel Rule' Guidelines for Crypto Firms Amid Push to Curb Money Laundering, Financial Crime
The European Banking Authority (EBA) has imposed a ‘travel rule’ over crypto firms that aims to reduce instances of money laundering and terror financing using crypto assets, transactions through which often leave no trails that could lead to criminals.
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MiCA Crypto Framework Finalised By European Banking Authority Ahead of July Deadline
MiCA (Markets in Crypto Assets) draft technical regulations were published by the European Banking Authority (EBA), ahead of the July deadline. The EBA has addressed a number of issues in its MiCA draft technical standards, including those related to liquidity requirements, stress testing programme, asset reserves, and recovery plans.
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Taylor Swift Tour Boosts European Economy, Shows Bank Of America Data
Consumer spending growth has slowed, but not for Taylor Swift fans traveling to Europe for the Eras Tour, according to Bank of America Corp.
-
EU To Indefinitely Freeze Russian Assets, Removing Obstacle To Ukraine Loan
The European Union looked set on Friday to indefinitely freeze Russian central bank assets held in Europe, removing a big obstacle to using the cash to help Ukraine defend itself against Moscow's invasion.
-
Sperm Donor With Cancer-Causing Gene Fathered 197 Children In Europe, Alarming Investigation Reveals
The mutation gives a person up to a 90% lifetime chance of developing various cancers, often in childhood or early adulthood.
-
Android Devices Vulnerable to New ‘Sturnus’ Malware That Attacks Bank Apps, Bypass E2E Encryption: Report
Android devices are vulnerable to a newly identified Android Banking Trojan, called Sturnus, according to a report. The malware was found by MTI Security researchers. It is said to be targeting Android users primarily in the Southern and Central European countries. It is designed to give remote access to attackers, replicate banking apps' login pag...
-
RBI Announces Interlinking Of UPI With European Instant Payment System
In a significant move, the Reserve Bank of India (RBI) on Friday has announced the interlinking of Unified Payments Interface (UPI) with the TARGET Instant Payment Settlement (TIPS) of the Eurosystem.
-
French Lawmakers to Review Proposal to Ban CBDC, Support Bitcoin Reserve and Crypto Oversight
France’s lawmakers are set to debate a motion that seeks to block the European Central Bank’s digital euro proposal and create a national Bitcoin reserve. The initiative, led by Éric Ciotti and UDR members, aims to safeguard privacy, encourage euro-pegged stablecoins, and tighten oversight under MiCA regulations.
-
11 Common Reasons Schengen Visas Get Rejected And How To Avoid Them
By knowing the common reasons for rejection and preparing carefully, you can protect your chances and make your European travel dreams a reality.
-
Czech Republic Hit By Major Power Outage
A major power outage that hit parts of the Czech Republic, briefly halting underground trains in the capital Prague, was probably the result of a technical outage, with no signs of a cyber or terrorist attack, authorities said.
-
Belgium Confirms Mehul Choksi In Country, Says Aware Of Extradition Request
Fugitive diamond trader Mehul Choksi - one of India's most wanted in connection with the Punjab National Bank loan fraud case - is currently in Belgium, the European nation has confirmed to NDTV.
-
Ukraine Needs $524 Billion To Recover, Rebuild After 3 Years Of War: World Bank
The estimated cost to rebuild Ukraine's economy after Russia's invasion has risen to $524 billion, nearly three times its expected 2024 economic output, the World Bank, United Nations, European Commission and the Ukrainian government found.
-
ECB President Says Bitcoin Won't Enter Reserves of Any EU Central Banks
Ales Michl, the governor of Czech Republic’s central bank, suggested ECB’s General Council to consider adding Bitcoin as part of its reserved assets. Dismissing the suggestion, Lagarde said reserved assets need to be liquid and secure – criteria she feels are not strong with BTC for now.
-
EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
-
"Work Harder", Germany: Deutsche Bank CEO's Plea For Economic Recovery
Speaking at the Handelsblatt banking summit, Sewing highlighted the disparity between Germanys work hours and those of other European countries, urging a change in work attitudes.
-
Europe Issues 'Travel Rule' Guidelines for Crypto Firms Amid Push to Curb Money Laundering, Financial Crime
The European Banking Authority (EBA) has imposed a ‘travel rule’ over crypto firms that aims to reduce instances of money laundering and terror financing using crypto assets, transactions through which often leave no trails that could lead to criminals.
-
MiCA Crypto Framework Finalised By European Banking Authority Ahead of July Deadline
MiCA (Markets in Crypto Assets) draft technical regulations were published by the European Banking Authority (EBA), ahead of the July deadline. The EBA has addressed a number of issues in its MiCA draft technical standards, including those related to liquidity requirements, stress testing programme, asset reserves, and recovery plans.
-
Taylor Swift Tour Boosts European Economy, Shows Bank Of America Data
Consumer spending growth has slowed, but not for Taylor Swift fans traveling to Europe for the Eras Tour, according to Bank of America Corp.
