European Union News

The ECB is concerned that US dollar stablecoins could weaken its ability to affect policy, and European issuers have ideas about how this could be solved.

Basel’s toughest crypto rules are under review as the US, UK, and the EU diverge, with booming stablecoin adoption forcing a rethink of 1,250% capital charges, the group’s chair told the FT.

US tokenization platform Ondo is preparing to offer tokenized stocks and ETFs in 30 European countries after receiving approval in Liechtenstein.

EU lawmakers stripped out mandatory client-side message scanning from the latest Chat Control draft, but invasive age checks and voluntary scanning remain.

Dutch central bank governor Olaf Sleijpen warned that if stablecoins falter, issuers may be forced to liquidate their reserves, thereby magnifying stress across markets.

Aave said compliant, audited payment pathways are crucial for onboarding new users to decentralized finance.

Telegram CEO Pavel Durov is now free to travel after French authorities fully lifted a ban, although the investigation into the platform remains open.

Transak’s latest licenses highlight the continued fragmentation of US state licensing as stablecoin payment firms push for nationwide access.

Italian banks have endorsed the ECB’s digital euro project but called for implementation costs to be spread out over several years.

After adopting the AI Act last year, the European Union is considering easing certain provisions amid mounting pressure from the US and Big Tech.

The EU’s near-approval of Chat Control reveals regulatory threats to encryption. Web3 risks centralizing surveillance unless privacy becomes foundational.

Coinbase said it had enhanced oversight and compliance testing after coding errors led to gaps in transaction monitoring between 2021 and 2022.

Future’s $34.5 million round, backed by Fulgur Ventures, Tobam and others, highlights Switzerland’s growing role in institutional Bitcoin adoption.

Extending ESMA jurisdiction to include financial markets threatens to slow innovation for crypto and fintech companies, but some policy experts see a silver lining.

The license positions Zerohash as one of the first MiCA-approved stablecoin infrastructure companies, strengthening its appeal to institutions.