More than $1 billion of ether has been lost forever due to bugs and human error, according to research by Conor Grogan, director of product strategy and business operations at Coinbase.

Euro-area banks’ requests for crypto licenses need to be made more consistent given the divergence of crypto laws within the region, the European Central Bank said in its annual report published Tuesday.

As the European Union’s Market in Crypto-Assets (MiCA) legislation edges closer to becoming law, politicians in the region, led by Belgium, are moving a step further: creating a proprietary blockchain.

New York Attorney General Sues Crypto Exchange KuCoin, Alleges Ether Is a Security; Blockchain.com to Suspend Operations of Asset Management Arm; Gateio Launching Debit Card Supporting Shiba Inu & Crypto Payments Across Europe; Binance Approves TerraClassicUSD (USTC) Against Tether USD (USDT) Trading Pair

Gate Group, the parent company of leading crypto exchange Gate.io, has announced plans to launch its Gate Visa debit card in Europe. The card will enable customers to seamlessly pay with Shiba Inu (SHIB) and other crypto assets at all 80 million merchant stores that accept Visa.

With proper guardrails in place, EUR-based stablecoins can play an essential role in developing M2M payments.

In 1492, Columbus set sail from Western Europe and discovered America. Today, America has become an important hub for the development of Web3.

A group of large Japanese companies — including Mitsubishi, Fujitsu and banking giant Mizuho — agreed to work together to create a "Metaverse Economic Zone" for the country, with the aim of building open metaverse infrastructure.

Europe is gradually positioning itself as a welcoming jurisdiction for crypto companies. Meanwhile, the screws are tightening across the pond as agencies take things into their own hands due to a lack of crypto regulations.

Lukka, the leading institutional crypto data and software provider, has brought on former Lukka Advisory Board Ian Hurst as their newly created Head of Europe. Prior to his role and advisory position at Lukka, Hurst was a partner at Mckinsey & Company, where he was a longstanding leader in their Financial Institutions Practice. After his time at Mckinsey, he went on to IBM as General Manager of Global Financial Services, where he was responsible for overall relationships with major financial services firms around the world. Hurst, who is based in London, will work closely with Lukka's other leaders to further expand business in European markets. In addition, his experience as a global financial leader will allow him to position Lukka as a front-runner in the region's developing crypto financial markets. (prnewswire)