Thursday

20th Feb 2020

Ticker

Russian link to €406m crypto disappearance

A BBC investigation revealed links between the exchange platform for Bitcoin and other cryptocurrencies, Wex, and Russia's security services. According to the Moscow Times, the Russian founder of the exchange platform, Alexey Bilyuchenko, told the BBC that he was taken to the Federal Security Service (FSB) offices in Moscow to provide access to the online wallets of Wex's customers - where €406m worth of cryptocurrency were stored.

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Unhappy EU leaders begin budget haggle

EU leaders arriving at the Brussels summit criticised the budget proposal of EU Council president Charles Michel, as richer member states insisted holding onto their rebates, while poorer countries wanted to avoid deep cuts to their subsidies.

Exclusive

Commission bins 'Dublin' asylum-reform proposal

The European Commission is set present its new pact on migration at the end of March. Margaritis Schinas, the commissioner in charge, says its 2016 Dublin-reform proposal will be "taken off and be repackaged, redrafted."

EU backtracks on plans to ban facial recognition

The European Commission came under fire on Wednesday for ruling out a moratorium on facial recognition. Instead, it proposed a public debate with stakeholders to determine when this technology might be used.

Opinion

Only EU can tame Zuckerberg's Facebook

When the EU speaks, Silicon Valley listens. The tech titans know that the EU matters. Which is why it's so crucial that following the lobbying from Zuckerberg, on disinformation, the EU gets regulation right.

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