EU

The European Union is a political and economic union of 28 member states that are located primarily in Europe. Its members have a combined area of 4,475,757 km² and an estimated total population of about 513 million.

Source: en.wikipedia.org

EU to Take Further Steps Against Russian Leaders, Belarus Banks

EU to Take Further Steps Against Russian Leaders, Belarus Banks
EU to Take Further Steps Against Russian Leaders, Belarus Banks
March 08, 2022  |  Cross-border Payments

The European Union (EU) is set to pile on more sanctions targeted at wealthy Russians, their families and members of the Russian Parliament, diplomats told...

READ MORE >
Binance Reopens Euro, British Pound Transfers
Binance Reopens Euro, British Pound Transfers
March 08, 2022  |  Cross-border Payments

Nine months after Binance suspended deposits into European Union banks and withdrawals of British pounds, the cryptocurrency exchange has resumed both, the Cayman Islands-based digital...

READ MORE >
EMEA Daily: Alma CEO Says Zero Late Fee Policy Risky for BNPL; EU Crypto Law MiCA Set for Vote March 14
EMEA Daily: Alma CEO Says Zero Late Fee Policy Risky for BNPL; EU Crypto Law...
March 07, 2022  |  Cross-border Payments

In today’s top Europe, Middle East and Africa news, loan providers that do not charge penalty fees risk losing revenue, while MiCA, the European Union’s...

READ MORE >
Proof-of-Work Ban Removed from Europe’s Proposed Crypto Reg
Proof-of-Work Ban Removed from Europe’s Proposed Crypto Reg
March 04, 2022  |  Cryptocurrency

A phrase that threatened to ban crypto companies from relying on energy-intensive proof-of-work (PoW) mining has been removed from the Markets in Crypto Assets (MiCA)...

READ MORE >
Report: EU Considers SWIFT Ban for Belarus Banks
Report: EU Considers SWIFT Ban for Belarus Banks
March 03, 2022  |  Cross-border Payments

Days after several Russian banks were reportedly barred from SWIFT, the international messaging system used to process payments, the European Union is considering adding banks...

READ MORE >
EMEA Daily: Switzerland Breaks Neutrality, Freezes Russia’s Assets; Dutch Antitrust Body Hits Apple with Sixth Fine of $5.7M
EMEA Daily: Switzerland Breaks Neutrality, Freezes Russia’s Assets; Dutch Antitrust Body Hits Apple with Sixth...
February 28, 2022  |  Cross-border Payments

In today’s top Europe, Middle East, and Africa news, Switzerland put neutrality on hold and froze all of Russia’s assets due to the invasion of...

READ MORE >
US Allies Escalate Financial War Against Putin, Freeze Russian Central Bank Foreign Reserves
US Allies Escalate Financial War Against Putin, Freeze Russian Central Bank Foreign Reserves
February 26, 2022  |  Cross-border Payments

As reports of military action and casualties mount following Russia’s invasion of Ukraine, a parallel ‘financial war’ is also escalating that is aimed at isolating Moscow through a growing...

READ MORE >
EU Official: Apple Choosing Fines Over Compliance
EU Official: Apple Choosing Fines Over Compliance
February 23, 2022  |  Apple

Big Tech companies like Apple are choosing to pay fines in lieu of complying with regulations they don’t agree with, the European Union’s lead antitrust...

READ MORE >