European Central Bank Criticizes Estonian National Cryptocurrency Plans

"Despite the dismissive statements from the European Central Bank’s president, Estonia may still be able to conduct a launch of a national cryptocurrency if it is to do so through a private-public partnership. The head of Estonia’s E-residency scheme’s public relations department, Arnaud Castaignet, has expressed that the republic plans to move forward with the project – however, made no reference to the potential ramifications of EU obligations with regard to the national cryptocurrency."

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Spain suspends Catalan parliament, threatens ‘greater harm’

"The Madrid government has refused to rule out invoking article 155 of the constitution. The article, which has never been used, makes provision for the central government to step in and take control of an autonomous region if it 'does not fulfil the obligations imposed upon it by the constitution or other laws, or acts in a way that is seriously prejudicial to the general interest of Spain'."

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U.K. report on terrorism and Saudi Arabia ‘too sensitive’ to be made public

"The results of a government-sponsored inquiry into the sources of funding for Islamist militant groups operating in the U.K. may be kept hidden forever due to the nature of its findings, the U.K.'s Home Office has said, according to local media. A Home Office spokesperson told the publication that a decision may be made on the inquiry after the nation's next government is elected, but the article provided no further details." Continue reading

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The New Gold Rush Is All About Vaults

"A rush into haven assets that began during the financial crisis is getting a new lease on life from an upsurge in populist politics and a quickening of inflation. Two firms say they’re planning to open vaults in Europe capable of holding more than 100 million euros ($112 million) in gold, offering customers lower costs than exchange-traded products and protection from rising prices." Continue reading

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