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Investment in European crypto startups defied the 2022 bear market
Ad The crypto industry in Europe defied the bearish trends of 2022 and saw a record level of funding. Startups in the crypto space raised over $5.7 billion in 2022 while global and U.S. venture funding in the industry contracted. This is a notable increase from the $5 billion E.U. companies raised in 2021. Chart…
Europeans profited the most from crypto trading in 2021
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Europe could lead the crypto regulatory race with MiCA
While cryptocurrency regulation has been a hot topic for quite a while, it wasn’t until last year that governments around the world began taking a bigger interest in regulating the booming crypto market. El Salvador accepting Bitcoin as legal tender last September further ignited this interest. The MMF went on to warn the country that…
Sweden leads Europe’s first crypto SPAC, ticker “HODL”
A SPAC, or Special Purpose Acquisition Company, is a company that has no commercial operations and is formed strictly to raise capital through an initial public offering (IPO) for the purpose of acquiring or merging with an existing company. SPACs have been around for decades, but have seen a Cambrian explosion in recent years. In…
Europe houses the world’s crypto DeFi ‘whales,’ data shows
A new Chainalysis report has revealed that Europe has overtaken Eastern Asia as the biggest crypto economy in the world. According to the report, the continent has witnessed impressive growth since July 2020, receiving over $1 trillion worth of cryptocurrencies—a figure that is equivalent to 25 percent of activities in the industry globally. The report…
DEXFIN Launching European Crypto Exchange as a One-Stop Solution for All
Bitcoin Press Release: The new DEXFIN European digital asset management platform will soon launch, offering benefits from its tokenized business model including affiliate and staking income. Monday 26th October, 2020 – The DEXFIN Exchange is a one-stop solution for digital assets: buy, store, and manage assets, discover new possibilities of trading in virtual reality, save…