EU regulators have opened a non-compliance investigation into various marketing and ranking practices of Apple, Google, Meta and Amazon in potential violation of the EU Digital Markets Act.
European Union 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.
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The European Union's new Anti-Money Laundering laws limit cash and some crypto transactions but proposed noncustodial wallet limits didn't make the final cut.
68781The Greens think the current one-year holding tax exemption for crypto is unfair and are seeking to abolish it.
959Big Tech giant Google accepted a fine of 250 million euros from the French competition authorities on the grounds of a breach of EU copyright laws during AI training.
8517The global competition for AI supremacy intensifies as companies consider relocating and countries offer incentives to attract AI talent.
4092Only EUR and USDC trading pairs will be supported on the platform in the EU area going forward, according to the message.
9828The European Parliament granted final approval to the European Union’s artificial intelligence law, one of the world’s first set of comprehensive AI regulations.
3806The European Commission is empowered to levy fines for inaccuracies, incompleteness or misinformation provided in response to information requests.
16586This regulatory framework for stablecoins results from a joint collaboration between the European Banking Authority and the European Securities and Markets Authority.
4411The EU Parliament approves the world's first comprehensive AI regulations, aiming for safe and ethical AI development in the European Union.
3201The digital euro intends to be the next evolution of the European currency, but before its inception, it has already caused division in Europe.
1097Portugal’s general elections are crucial for the country’s blockchain and digital assets industry.
3531The SEC has already approved several spot Bitcoin ETFs in the U.S.; however, these ETFs are not allowed in the EU due to strict regulations. Instead, there are other alternative ways to safely invest in cryptocurrencies.
2620The list contains several crypto firms among companies trading without the correct licenses.
2417The Terraform Labs co-founder, who has been in Montenegro since his arrest in March 2023, will reportedly be extradited to the United States to face fraud charges.
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