The European Commission sees some specific uses for blockchain technology in coordinating communication between member states, fostering crypto innovation.
EU News
EU cryptocurrency regulations have yet to be unified, but individual institutions like the European Central Bank and the central banks of separate governments have made different statements about the legal status of cryptocurrencies. The European Central Bank’s official position on cryptocurrency is a recommendation not to use them until the establishment of specific cryptocurrency laws for the EU. Cryptocurrencies are a subject of the EU’s anti-money laundering laws, so the EU cryptocurrency exchanges are obliged to identify users and track suspicious transactions. Certain countries in the European Union have their own cryptocurrency regulations. For example, Germany defines a cryptocurrency as a private currency/non-governmental currency. Also, the EU does not provide strict regulations on ICOs and different states have their own ways of handling them.
- News
- Analysis
It is still too early to gauge the impact of QE on crypto, says Mati Greenspan. “The initial shock of the global economy grinding to a halt” is still too fresh.
- News
A consortium has announced the release of a blockchain-based system designed to track the movement of individuals not infected with high-risk viruses.
- News
Spain’s National Securities Market Commission has halted short selling in an effort to protect local stocks from the recession caused by the coronavirus epidemi...
- News
Major European financial institutions have jointly launched a blockchain-based platform for the investment fund industry.
- Analysis
“The fact that an OECD country is recognizing BTC as a ‘fungible’ asset is progress — a wake-up call to banks, institutional investors, regulators that Bitcoin ...
- Expert Take
by Sarah Hall
Many fintech companies chose London because of its strong financial regulation, but how will Brexit affect the industry in Europe and the U.K.?
- News
The German financial watchdog BaFin has issued a summary instruction manual for businesses that wish to offer cryptocurrency services that require its custody.
- News
Measures by the French government to help stymy the spread of the coronavirus have led organizers of the Paris Blockchain Week Summit to reschedule.
- News
The Malta Financial Services Authority has industry released feedback on the definition of security tokens and the challenges such assets face in Maltese market...
- Analysis
by Joseph Birch
Blockchain is becoming a hot topic, but is it being effectively implemented around the world?
- News
by Helen Partz
New Monaco-based crypto-powered debit card supplier Bitsa lets users spend privacy-focused altcoin Monero on its prepaid cards.
- News
Belgium’s Financial Services and Markets Authority has updated its blacklist of cryptocurrency-related websites associated with fraudulent activity.
- News
The digital currency set to be released by Facebook in 2020 still has unanswered questions from the EU.
- News
The EU’s financial regulator released a lengthy 2020 report, which includes the dangers of big tech companies entering finance.
Editor’s Choice
- Bitcoin Flips Bullish — But Here’s Why BTC Price May Still Hit $3.9K
- 7 Crypto Firms Targeted by 11 Lawsuits in New York
- BIS Calls for Central Bank Digital Currencies Amid Coronavirus Pandemic
- Bitcoin’s Hedging Performance in the Wake of the Coronavirus Outbreak
- Top 5 Cryptos Not Named Bitcoin This Week (Mar 29): XMR, BNB, HT, CRO, BSV