News
Potential implications around financial stability, lower market appeal and mainstream use of stablecoins were the main concerns highlighted by the author of the report.
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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.
- News
A Binance executive said the cryptocurrency exchange plans to delist stablecoins in the European market by June 2024 in order to comply with standards laid out by MiCA.
3576 - News
The Institute of International Finance looked at seven areas where digital euro legislation, which is being developed alongside the technology, is lacking.
4456 - Interview
The Bank of Latvia has been quietly stepping up its game in providing assistance to fintech projects while employing the latest emerging technologies internally.
1245 - Newsletter
The legal struggle between the SEC and Binance.US continues, with the company hitting new lows in trading volume.
3081 - News
Malta has joined France and other EU nations in revising its existing crypto regulatory policies to align with MiCA, which comes into effect in December 2024.
3692 - Interview
Bosch and the Peaq Network explain how the future of the Internet of Things and the Economy of Things will come via decentralization and on-chain automation.
6095 - News
European Union President Ursula von der Leyen also called for a global AI governance body during the 2023 State of the Union address.
4058 - News
The measure received 535 votes for with 57 against and 60 abstentions in a plenary session.
5839 - News
Europe experienced a 50% fall in fintech investments in the first half of 2023.
1982 - News
Mairead McGuinness believes that the CBDC project should be approached “quietly and slowly” by the next European Commission.
2998 - News
Five members of IBM Consulting created a list of points that the European Commission could consider to optimize its proposed digital euro legislation.
11292 - Opinion
The European Union’s Markets in Crypto-Assets regulatory framework isn’t all good, but it provides a level of clarity foreign to the United States.
2423 - News
Jacobi FT Wilshire Bitcoin ETF has been defined as an Article 8 fund by its issuer firm.
3297 - News
Google and other major internet platforms must update their service policies to comply with EU standards from its Digital Services Act by Aug. 28.
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