Banca Sella has obtained MiCA clearance from Italian regulators to provide cryptocurrency services. The bank intends to offer digital asset custody, transfer, and receipt services beginning in 2026, initially targeting selected customer categories.
Huobi Global S.A., operator of the HTX cryptocurrency exchange, has been sanctioned by the UK over allegations of facilitating Russia-linked financial flows through a shadow network known as ‘A7’. New analysis indicates the exchange processed approximately $7.6 billion in high-risk Russia-linked transactions.
HTX, formerly known as Huobi Global, has been sanctioned by UK authorities as part of a crackdown on companies allegedly exploited by Russia to circumvent UK sanctions.
Spain joined a growing list of national authorities restricting or banning prediction market platforms Polymarket and Kalshi amid concerns over unlicensed gambling activities.
The Spanish Treasury is developing an Investment Savings Account with tax incentives designed to encourage Spanish investors to participate in the stock market. The account could be managed not only by banks but also by insurance companies and investment service providers.
ECB Director Isabel Schnabel indicated in an interview that a rate hike in June may be necessary due to inflationary pressures from rising oil prices caused by the Iran conflict. She discussed how the ECB could respond with monetary policy measures.
An analysis reveals that major European airlines face exposure to over €1.5 billion in carbon costs resulting from the extension of the EU Emissions Trading Scheme. Flag carriers are actively opposing this extension.
Prosus NV has requested that the European Union remove the mandatory divestiture requirement of its shares in Delivery Hero SE, which was imposed as a condition for approving Prosus’s acquisition of another delivery platform under EU antitrust rules.