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According to Techub News, Bull, a European provider of high-performance computing and AI solutions, has announced that its supercomputing power in France has doubled in order to support Europe's strategic needs for advancing AI development. This move aims to enhance Europe's technological independence in the fields of AI and high-performance computing. (Crypto Briefing)
Techub News reports that Philip R. Lane, Chief Economist of the European Central Bank, stated in a podcast episode of the Hoover Institution that artificial intelligence (AI) will enhance productivity. Philip R. Lane engaged in a discussion with Steven J. Davis, a professor at the University of Chicago, regarding the differences in AI applications between Europe and the United States, and explored what measures Europe needs to take to assist its technology companies in scaling up. (@ecb)
Techub News reports that European investors can now avoid U.S. dollar exchange rate risks through Bitcoin products denominated in euros. These products allow investors to directly purchase Bitcoin using euros, eliminating the need to convert euros to dollars first, thereby reducing additional risks caused by exchange rate fluctuations. (CoinDesk)
Techub News reports that Sharon Donnery, a member of the European Central Bank (ECB) Supervisory Board, stated in an interview that Europe needs unified banking rules to achieve a truly integrated single market. She believes that a common rulebook will help reduce national barriers and unlock the potential of cross-border investments. (@ecb)
Techub News report, European stablecoin issuer AllUnity announced the launch of its fourth fiat-backed stablecoin USDAU. The company's stablecoin product line previously covered the Euro, Swiss Franc, and Swedish Krona, all of which are regulated under the European Union's Markets in Crypto-Assets Regulation (MiCA). (Cointelegraph)
Techub News reports that Dubai Commercial Bank has announced its participation in Germany's CBMT tokenized deposit project, becoming the first participating bank from outside Europe. Dubai Commercial Bank will enter the CBMT Sandbox to test corporate cross-border payments, trade settlement, funds management, and working capital optimization along the Europe-Gulf corridor. CBMT is driven by the German banking industry, with participants including Commerzbank, UniCredit, BNP Paribas, and ABN AMRO. Its core involves tokenizing commercial bank deposits for on-chain settlement, with related assets still accounted for on the balance sheet of the issuing bank, differing from stablecoins issued outside the banking system. (WuBlockchain)
Techub News, according to Cointelegraph, the asset management scale (AUM) of BlackRock's European Bitcoin ETP has exceeded 1.1 billion USD, with current holdings of approximately 14,200 Bitcoins. BlackRock is one of the world's largest asset management companies. Its Bitcoin ETP (Exchange Traded Product) provides traditional investors with compliant exposure to cryptocurrencies. This milestone in scale marks the continued growth of institutional investors' allocation demand for Bitcoin.
Techub News, according to WuBlockchain, BlackRock's European iShares Bitcoin ETP (IB1T) has surpassed $1.1 billion in assets under management, holding approximately 14,200 bitcoins. The product was launched in March 2025 and is currently listed on relevant exchanges. As a bitcoin exchange-traded product in the European market, its growth in size reflects the demand from institutional investors for digital assets.
Techub News reports, citing CryptoBriefing, that BlackRock's European iShares Bitcoin ETP (IB1T) has reached $1.1 billion in assets under management two months after its launch, reflecting growing demand from institutional investors to allocate digital assets through regulated products. The ETP, launched in March 2025, is physically backed by Bitcoin and registered in Switzerland, benefiting from the standardized regulatory framework provided by the European Union's Markets in Crypto-Assets Regulation (MiCA). This data indicates that traditional financial institutions' acceptance of cryptocurrencies as mainstream investment tools is increasing.
Techub News, according to CryptoBriefing, BlackRock's European Bitcoin ETP (IB1T) has seen its assets under management exceed $1.1 billion, accumulating approximately 14,200 bitcoins since its launch in March 2025. The ETP operates under the EU's Markets in Crypto-Assets Regulation (MiCAR), with cold storage custody services provided by Coinbase Custody International Ltd, and is listed and traded on major European exchanges including Xetra, Euronext Paris, and Euronext Amsterdam.
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