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Europe’s right-wing political groups find cause in crypto

Right-wingers are often advocates of Bitcoin, especially the decentralized nature of the currency. But does that mean crypto is a right-wing thing? The European crypto scene has gained significant traction over the past few years, with a surge in the interest in and adoption of crypto currencies and blockchain technology. While the crypto industry is often associated with decentralization, innovation and financial freedom, it is not immune to various political ideologies and influences, and right -wing movements are no exception. The attraction of cryptocurrencies for right-wing politicians in Europe can stem from several factors. Right-wing ideologies often prioritize individual freedoms and limited government intervention. Cryptocurrencies, with their decentralized nature, offer the potential for financial sovereignty by allowing individuals to have control over their money without relying on traditional financial systems or government regulations. Right-wing politicians also m...

Cross-border crypto scammers on the hit list for EU agencies

Europol and Eurojust, two EU agencies for law enforcement cooperation, joined authorities from Bulgaria, Cyprus, Germany and Serbia to investigate online investment fraud since June 2022. By the end of 2022, scammers shifted their focus to duping crypto investors who desperately tried to recoup their year-long losses. An international law enforcement operation led by European government agencies joined crypto entrepreneurs and businesses to curb cross-border crypto scams since July 2022, uncovering a criminal network operating through call centers. Europol and Eurojust, two EU agencies for law enforcement cooperation, joined authorities from Bulgaria, Cyprus, Germany and Serbia to investigate online investment fraud since June 2022. The investigation identified a criminal network that incurred losses of over $2.1 million (over 2 million euros) — primarily for German investors. Call centres selling fake crypto taken down in Bulgaria, Serbia & Cyprus. The criminal organisations ...

Crypto investment firm CoinShares debuts trading on Nasdaq Stockholm

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CoinShares’ stock was previously listed on the Nasdaq First North Growth Market, an alternative stock exchange for small and medium-sized companies. Major cryptocurrency investment firm CoinShares has debuted trading on Nasdaq Stockholm, the primary securities exchange of the Nordic countries. CoinShares officially announced on Dec. 19, the first day of trading on Nasdaq Stockholm’s main market, with CoinShares’ stock starting trading on the exchange under the ticker CS. The latest trading debut marks a change of listing venue for CoinShares’ stocks. Previously, CS shares were traded on the Nasdaq First North Growth Market, an alternative stock exchange for small and medium-sized companies in Europe. CoinShares first went public by listing its shares on the Nasdaq First North Growth Market in March 2021. According to the latest announcement, there is no offering or issuance of new shares in connection with the CoinShares’ shares being admitted to trading on Nasdaq Stockholm. “Shar...