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
The European Central Bank has demanded veto power from lawmakers in the European Union over private stablecoin projects like Diem.
ECB wants final say on the legal status of private stablecoins in the EU
Osato Avan-Nomayo
2021-02-23T13:23:44+00:00
6087
News
The initiative will assess 450 proposals aimed at boosting the integrity of social media posts with the help of blockchain technology over the next three years.
EU appoints major finserv firm to lead blockchain social media project
Greg Thomson
2021-02-16T11:45:40+00:00
13237
News
A currency that gains value through abundance, not scarcity? That's the object of a $3.3 million EU research project which doubled the value of an associated to...
Beyond Bitcoin? Little known project jumps 116% on €2.75M EU ‘new money’ grant
Greg Thomson
2021-02-12T13:49:39+00:00
27322
Markets News
The ECB President gives the impression that central banks will avoided copying institutions in hoarding cryptocurrency.
ECB's Lagarde says central banks holding Bitcoin is 'out of the question'
William Suberg
2021-02-11T11:52:08+00:00
21208
News
The central bank said it will reach a decision on releasing a digital euro "towards the middle of 2021."
ECB leader floats 3K threshold for digital euro holdings
Turner Wright
2021-02-09T20:54:11+00:00
4536
News
According to one French official, crypto and blockchain projects should be supervised at the European level.
French official wants to change how Europe regulates crypto and blockchain
Helen Partz
2021-02-09T11:24:34+00:00
15151
Expert Take
They said that 2020 was the year of DeFi. Perhaps 2021 should be the year of DeFi’s sensible regulation.
DeFi’s death by a thousand cuts
Konstantinos Stylianou
2021-01-17T17:27:00+00:00
19123
News
In a recent interview, Lagarde said that Bitcoin has been used to conduct "funny business" and "totally reprehensible money laundering activity."
ECB president Lagarde renews calls for global regulation of Bitcoin
Marie Huillet
2021-01-13T12:52:08+00:00
11356

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