The European Commission has called for a “proportionate” and differentiated approach to regulating digital currencies including Facebook’s Libra, as the EU needs to preserve is developing Fintech environment. EU finance ministers (Ecofin Council) agreed on Friday (8 November) on a draft statement calling for an EU approach to “appropriately tackle the challenges” raised by ‘stablecoins’, digital tokens backed by sovereign currencies. Regulators and decision-makers across the planet are looking into these digital currencies, powered by blockchain technology, after Facebook announced in June it would next year launch Libra, its own…
Read MoreDay: November 11, 2019
Tactical vote or conviction, what will guide the elections in Spain?
Spanish voters are heading back to the polls on Sunday (10 November) for the fourth general election in less than four years to see if they can finally put an end to the political deadlock. EURACTIV’s partner Euroefe reports. An overarching uncertainty this time around is whether people will vote tactically by pooling votes behind a party most likely to win, or instead cast their ballots in line with precise political convictions. Another factor that could affect the result is voter fatigue. Having alternated in power since the return of…
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