Luxembourg

Netherlands Consumer Group Sues Amazon Over Privacy Violations
Netherlands Consumer Group Sues Amazon Over Privacy Violations
October 18, 2023  |  Amazon

A Dutch consumer rights group is suing Amazon over its data tracking practices.  Stichting Data Bescherming Nederland (SDBN), a consumer rights group in the Netherlands,...

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Eurozone’s 9.2% Headline Inflation Rate Masks Deep Lingering Pain
Eurozone’s 9.2% Headline Inflation Rate Masks Deep Lingering Pain
January 09, 2023  |  Economy

Eurozone inflation has dropped back into the single figures after two months of double-digit rates. The latest figures from the EU statistics agency Eurostat estimate...

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EU Bank License To Boost Banking Circle Expansion
EU Bank License To Boost Banking Circle Expansion
February 27, 2020  |  Banking

Banking Circle is now licensed to do banking in Luxembourg after the Commission de Surveillance du Secteur Financier (CSSF) granted the license. The company has been making...

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Barclays’ New Luxembourg Branch To Cater To Global Corporates
Barclays’ New Luxembourg Branch To Cater To Global Corporates
November 26, 2019  |  Banking

Barclays has announced the launch of a new branch in Luxembourg that will provide multinational clients with transaction banking services. The branch, to be led...

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Luxembourg Regulator Raises Alexa Privacy Issues
Luxembourg Regulator Raises Alexa Privacy Issues
August 08, 2019  |  Amazon

The privacy watchdog in Luxembourg, where Amazon has its European headquarters, has reached out to Amazon to get more info about its voice assistant, Alexa,...

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PingPong Plans EU Expansion After $113M Funding Round
PingPong Plans EU Expansion After $113M Funding Round
June 10, 2019  |  Investments

Because of its reputation as a stable political and economic area, as well as a regulatory environment that’s favorable to outsiders, many foreign companies have...

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Bitcoin Daily: Luxembourg Passes Blockchain Bill; Overstock’s tZERO Volume Sluggish
Bitcoin Daily: Luxembourg Passes Blockchain Bill; Overstock’s tZERO Volume Sluggish
February 17, 2019  |  Bitcoin

Overstock’s tZERO isn’t performing as well as expected. According to CoinDesk, since its launch three weeks ago, daily volume for the platform’s tZERO Preferred (TZROP)...

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PingPong Secures Payment License From Luxembourg Government
PingPong Secures Payment License From Luxembourg Government
September 29, 2017  |  eCommerce

PingPong Financial Group, a Chinese FinTech company, has received a Payment Institution (PI) license from the government of Luxembourg. In a press release, the company...

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