The best national parks in Europe are home to vast tracts of wilderness, often overlooked by those who flock to its cities When we think of wild continents, Europe is probably last in line. Asia’s fearsome mountains, South America’s lush rainforest and Africa’s vast savannah are surely more impressive. Europe in comparison is famous for its cities: London, Paris, Rome and their ilk. But venture further and you’ll find gigantic glaciers, primeval forests and untouched tracts of wilderness. These areas are quite rightly protected in national parks. To help you explore the wild side of the continent, we share below the best national parks in Europe. Jostedalsbreen National Park Location: NorwayMore info: Official site Jostedalsbreen National Park is home to the largest glacier on contin...
The European Central Bank, or ECB, laid the foundation for the criteria it would be considering when harmonizing the licensing requirements for crypto in Europe. In a Wednesday statement, the ECB’s banking supervision division said it would be taking steps to regulate digital assets as “national frameworks governing crypto-assets diverge quite extensively” and given the seemingly differing approaches to harmonization following the passage of the Markets in Crypto-Assets (MiCA) regulation and the Basel Committee on Banking Supervision issuing guidelines for banks’ exposure to crypto. The ECB said it would apply criteria from the Capital Requirements Directive — in effect since 2013 — to assess licensing requests for crypto-related activities and services. Specifically, the central bank will...
There’s a ferment brewing with regard to central bank digital currencies (CBDCs), and most people really don’t know what to expect. Varied effects seem to be bubbling up in different parts of the world. Consider this: China’s e-CNY, or digital yuan, has already been used by 200 million-plus of its citizens, and a full rollout could happen as early as February — but will a digital yuan gain traction internationally? Europe’s central bank has been exploring a digital euro for several years, and the European Union could introduce a digital euro bill in 2023. But will it come with limitations, such as a ceiling on digital euros that can be held by a single party? A United States digital dollar could be the most awaited government digital currency given that the dollar is the world’s rese...
Binance announced on Friday that its Binance Card now supports three new altcoins. Card users can now access their holdings of Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX). The Binance Card allows its holders to “convert and spend cryptocurrencies in over 60 million online and physical stores.” However, the card is only available to European citizens and, according to the website, Ukrainian refugees. Prior to the escalation of the conflict in Ukraine, Binance had intentions of expanding its card reach into Ukraine by sometime this year. With the latest addition, the card now supports 14 cryptocurrencies, including Cardano (ADA), Avalanche (AVAX), BNB, Bitcoin (BTC), Binance USD (BUSD), Polkadot (DOT), Ether (ETH), S.S. Lazio Fan Token (LAZIO), FC Porto Fan Token (PORTO),...
Kraków Old Town is best explored on a DIY walking tour. Here we share our tried-and-tested route for exploring Poland’s glorious former capital Kraków was Poland’s only major city to escape World War II virtually undamaged. Since then, the assembly of monuments and architecture that makes up its Old Town was quite rightly celebrated by UNESCO as one of the 12 original World Heritage sites first listed in 1978. The Old Town effortlessly fuses European architectural styles – including Romanesque, Gothic, Renaissance, baroque and art nouveau – with a jumble of narrow cobbled streets, elaborate churches and palaces, and grand medieval sights. Add in delicious food, heavenly gelato and endless cocktails in Europe’s largest medieval town square and the result is simply exquisite. We spent three ...
The European Union’s securities regulator continues to strengthen its focus on cryptocurrency regulation, initiating a move to implement increased scrutiny of crypto transactions. The European Securities and Markets Authority (ESMA) on Tuesday issued a public tender document aiming to collect additional information about trading data on crypto transactions. The regulator is specifically looking for “crypto off-chain data” or crypto-related transactions that do not originate from a blockchain. According to ESMA, such transactions include spot and derivatives trade at centralized exchanges or over-the-counter trading platforms. “The coverage should encompass all major exchanges and crypto assets so that it provides a fair representation of the crypto market landscape,” the document reads.&nb...
Blockchain.com, one of the oldest Bitcoin (BTC) infrastructure firms, is strengthening regulation and compliance efforts by securing registration in the Cayman Islands. The blockchain wallet and cryptocurrency exchange platform Blockchain.com is expanding operations in the Cayman Islands after receiving registration from the Cayman Islands Monetary Authority (CIMA). Issued on July 6, the registration officially authorizes Blockchain.com to provide custodial services, operate an exchange, and offer over-the-counter crypto brokerage services for institutional clients under the CIMA’s regulatory framework. Blockchain.com’s chief business officer Lane Kasselman pointed out that the Cayman Islands is an important jurisdiction for the company’s business as the local community and regulators have...
Climate change has become one of the biggest global challenges for humanity. At the same time, the dependence on hydrocarbon energy sources such as coal, oil and natural gas is still strong. Supply lines around these energy sources are further vulnerable to geopolitical tensions. Due to the current sanctions against Russia, experts now expect rising electricity prices and negative effects on the energy market in Europe. The Austrian government understands the urgent need for the energy transition and has set the ambitious goal of being climate neutral by 2040. Alternative solutions to fossil energy have been slow to emerge and, for the most part, are not yet efficient enough on a large scale. But there are promising approaches — especially in the form of decentralized renewable energies or...
From hiking along precipitous escarpments to exploring ancient caves, we share the best things to do in Gauja National Park, Latvia Over half of Latvia is covered in forest with northern Latvia and particularly the Gauja Valley home to some of the country’s most stunning arboreal scenes. I spent a few days exploring Gauja National Park, the country’s oldest protected area, and found an adventure playground ideal for outdoor enthusiasts. Established in 1973 with the purpose of protecting the nation’s most cherished natural landscape, Gauja National Park encompasses swathes of pristine forested wilderness disturbed only by the lethargic flow of the Gauja River and the ancient sandstone cliffs lining its banks. As well as picturesque scenery, the park offers a range of engaging activities thr...
Numbers don’t lie: with over 200,000 festival-goers passing through its gates and over 1,000 artists performing across a staggering 40 stages, EXIT Festival is celebrating one of the most unforgettable years in its history. Taking place in the beautiful countryside landscape of Novi Sad, Serbia, EXIT 2022 was a diverse nexus of music, arts and people. The true spirit of the festival was palpable all weekend long as fans danced from sundown to sunrise each night. There’s an immense scale to EXIT not easily seen at first glance. The massive Petrovaradin Fortress offers one of the world’s best festival grounds thanks to its sheer size and capability to house an enormous amount of production. The towering Mainstage saw massive performances from the likes o...
The market capitalization of Tether (USDT), a United States dollar-pegged stablecoin, is currently over $65 billion. USD Coin (USDC), another stablecoin backed by the U.S. dollar, clocks in near $55 billion. Some reports estimate that the total market cap of dollar-backed stablecoins is over $160 billion. Despite this success of dollar-based stablecoins, there has not been a euro stablecoin that is even remotely comparable in size. By the end of June, the U.S.-based company Circle announced that it will launch its own euro stablecoin, Euro Coin (EUROC), on the Ethereum blockchain. With a euro-based stablecoin, uncomplicated euro transfers will be possible worldwide in the future, as is currently the case with the U.S. dollar. Instead of the eurozone-based business, Circle has opted to issu...
With cryptocurrency markets shrinking over 50% this year, 21Shares are working to replicate S&P Dow Jones Indices’ benchmarks with its new risk-adjusted crypto investment products. The Swiss crypto investment firm 21Shares has launched two new exchange traded products (ETP) offering investors exposure to the largest cryptocurrencies — Bitcoin (BTC) and Ether (ETH) — while aiming to soften volatility via rebalancing assets to the U.S. dollar (USD). The new products, the 21Shares S&P Risk Controlled Bitcoin Index ETP and 21Shares S&P Risk Controlled Ethereum Index ETP, will start trading on the Swiss SIX Exchange on July 20. The ETPs will trade under tickers SPBTC and SPETH, the firm announced on Wednesday. Both ETPs target a volatility level of 40%, which is achieved through dyn...