A group of Swiss and German law enforcement agencies ​said on Monday they shut down cryptomixer.io, ‌one of the largest platforms to cover up the tracks of bitcoin transfers ‌from illegal activities, Reuters reported. Germany's federal investigation agency BKA said in a statement it worked with regional prosecutors in Frankfurt as well as authorities in Zurich to shut down the cryptomixer.io site on Wednesday last ⁠week.

President Karol Nawrocki of Poland has refused to sign a bill that he believed would have imposed overly-stern regulations on the cryptocurrency market, CoinDesk.com reported. The president vetoed provisions of the bill on the basis that they "pose a real threat to the freedom of Poles, their property and the stability of the state," according to an update on his website on Monday.

The annual rate of inflation in the eurozone rose further above the European Central Bank’s target in November, making another cut in the key interest rate less likely, the Wall Street Journal reported. The European Union’s statistics agency Tuesday said consumer prices in the 20 countries that share the euro were 2.2% higher than a year earlier, an increase in the annual rate of inflation from the 2.1% recorded in October. The ECB targets an inflation rate of 2%. A third straight month of faster rises in the prices of services was one of the drivers behind the pickup in inflation.

Two select committees were on Monday granted more time by the Lok Sabha to submit their reports on the insolvency law and Jan Vishwas provisions amendment bills, the Economic Times of India reported. The matters were taken up amid Opposition din over the issue of Special Intensive Revision (SIR) of electoral rolls. The House has allowed time till the last day of the Winter session for a select committee to present its report on the Insolvency & Bankruptcy Code (Amendment) Bill, 2025.

Romanian prosecutors have conducted searches at twelve locations in Bucharest and two locations in the central-northern city of Targu Mures as part of a criminal investigation of the bankruptcy of Euroins Romania, part of Bulgaria’s Euroins Insurance Group (EIG), SeeNews.com reported.

Nodwin Gaming International Pte. Ltd., a leading player in youth entertainment, gaming, and esports, has announced that it will discontinue further funding to its majority-owned subsidiary Freaks 4U Gaming GmbH, AdGully.com reported. The decision follows extensive legal and financial consultations, after multiple rounds of support failed to deliver the expected turnaround. According to the company, Nodwin has backed Freaks 4U for several years under its limited recourse investment strategy.

Zurich Insurance, Swiss Re, and Swiss Life have been added to a list of insurance firms required to develop resolution plans in case of insolvency, according to the G20’s Financial Stability Board (FSB), FinNewsNetwork.com reported. The updated global list, published on Tuesday by the FSB, now includes 17 companies, an increase of four from the previous year. Alongside the three Swiss firms, Dutch insurer Athora was also added to the roster. Zurich Insurance Group AG is a Swiss insurance company.

Fifty higher education providers in England are at risk of exiting the market within the next two to three years, MPs on the House of Commons education committee have been told as part of their inquiry into university funding and the threat of insolvency, The Guardian reported. The evidence follows last week’s gloomy forecast from England’s higher education regulator, the Office for Students (OfS), which warned that three in four universities were likely to be in the red next year as financial turmoil continues in the sector.

Since 2017, the German company Govecs has produced the ‘E-Schwalbe’, an electric scooter inspired by the iconic East German original. The various models, offering different options in terms of battery capacity, power output, and top speed, are manufactured by a subsidiary in Poland. However, the future of the E-Schwalbe is now in doubt, as Govecs has filed for insolvency at the Munich District Court, Electrive.com reported.

U.K. Treasury chief Rachel Reeves Wednesday announced a second consecutive year of hefty tax rises, a move aimed at reassuring investors that the British state wasn’t slowly going bust under the weight of growing welfare spending and ballooning interest payments on government debt, the Wall Street Journal reported.