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Google Takes Concerted Steps to Conform to EU's Digital Services Act

Google Takes Concerted Steps to Conform to EU's Digital Services Act

Google is preparing to comply with the European Union's Digital Services Act (DSA), targeting platforms and search engines with over 45 million monthly users. The DSA mandates transparency, reporting of criminal offenses, and user-friendly terms and conditions for VLOPs and VLOSEs.

EU Parliament Committee Rejects Proposal to Limit Proof-of-Work Crypto

EU Parliament Committee Rejects Proposal to Limit Proof-of-Work Crypto

The proposal could have limited the use of cryptocurrencies (such as Bitcoin and Ethereum) powered by an energy-intensive computing process known as proof-of-work.

European Crypto Industry Leaders Ramps up Efforts to Influence EU Regulatory Crypto Policy

European Crypto Industry Leaders Ramps up Efforts to Influence EU Regulatory Crypto Policy

According to Reuters, the European Union is working to regulate the cryptocurrency industry, advocating for relevant cryptocurrency exchange companies to disclose relevant details, but has been rejected by more than 40 cryptocurrency business leaders.

France Seeks to Block Development of Libra in Europe

France Seeks to Block Development of Libra in Europe

While speaking at a recent conference in Paris on virtual currencies, Bruno Le Maire, French Finance Minister said, “In these conditions, we cannot authorise the developments of Libra on European soil.

Europol Empowers Victims with Tools to Fend Off Ransomware Attacks

Europol Empowers Victims with Tools to Fend Off Ransomware Attacks

Europol, European Union’s law enforcement agency, has put together an anti-ransomware initiative that has managed to intercept $630 million dollars and more in ransomware demands, since 2016.

Dapper Labs Restricts Russian-based NFT Accounts, Abides by EU Sanctions

Dapper Labs Restricts Russian-based NFT Accounts, Abides by EU Sanctions

Dapper Labs said it is complying with new sanctions approved by EU member states amid Russia’s continued escalating conflicts in Ukraine.

The Old World. What is going on with Digital Assets in Europe?

The Old World. What is going on with Digital Assets in Europe?

Europe is an enormous market of more than half a billion people. As small amounts up to 8 million euros may be raised without registration of the offering, it is a very attractive market for international projects looking to reach new investors for their security token offering.

EU Passes Vote for Digital Wallet

EU Passes Vote for Digital Wallet

The European Parliament passed a plenary vote for interinstitutional negotiations to create a EU-wide digital wallet. The eID amendments include zero-knowledge proofs to enable citizens to control their identity data.

EU Ensures Russia Cannot Bypass Sanctions through Crypto, Says French Finance Minister Le Maire

EU Ensures Russia Cannot Bypass Sanctions through Crypto, Says French Finance Minister Le Maire

French Finance Minister Bruno le Maire said the EU is looking for ways other than cryptocurrencies to impose sanctions on Russia, according to Reuters.

Crypto Regulation Takes New Leap as European Council Adopts MiCA

Crypto Regulation Takes New Leap as European Council Adopts MiCA

The European Union is drawing closer to adopting the comprehensive Markets in Crypto Assets (MiCA) regulation as the European Council has passed the framework.

European Parliament Ratifies MiCA Framework in Landslide Vote

European Parliament Ratifies MiCA Framework in Landslide Vote

The long-awaited Markets in Crypto Assets (MiCA) regulation has just scaled through the European Parliament as MPs voted massively in favour of the bill.l

Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

Made up of more than two dozen companies and based in Geneva, a few of the founding members, including PayPal, Mastercard, Visa, Stripe, Booking Holdings, and eBay, decided to leave the Libra project. A five-member board governance board was formed after the Libra Association reaffirmed its commitment by holding its inaugural meeting in Geneva, Switzerland, on Oct. 14.

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