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Crypto Regulation Takes New Leap as European Council Adopts MiCA
Eu

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.

EU Policymakers Vote for Blockchain Use to Fight Tax Evasion, Crypto Asset Non-Taxation
Eu

EU Policymakers Vote for Blockchain Use to Fight Tax Evasion, Crypto Asset Non-Taxation

The European Parliament has voted in favour of leveraging blockchain technology for tax compliance, with a majority of 566 out of 620 members backing the motion.

ECB to Warn Countries in the Eurozone about Crypto Regulation
Eu

ECB to Warn Countries in the Eurozone about Crypto Regulation

The European Central Bank is reportedly on track to issue warnings to national authorities within the Eurozone about individual handling of the crypto ecosystem.

Coinbase Plans Expansion into Europe amid Market Downturn
Eu

Coinbase Plans Expansion into Europe amid Market Downturn

Nasdaq-listed cryptocurrency exchange, Coinbase Global Inc has announced its plans to expand its operations in the European Union and the United Kingdom despite the ongoing market downturn.

EU Partially Agrees to Establishes Anti-Money Laundering Authority
Eu

EU Partially Agrees to Establishes Anti-Money Laundering Authority

The European Union through the Council of the EU has agreed on partial terms to establish an Anti-Money Laundering (AML) body that will be named the Anti-Money Laundering Authority (AMLA)

EU Plans to Bar Interest Payments on Deposits in Stablecoins
Eu

EU Plans to Bar Interest Payments on Deposits in Stablecoins

Patrick Hansen, the head of Strategy at DeFi startup, Unstoppable Finance, said the expected MiCA bill could come as early as this month’s ending.

European Union Close in Agreeing on Crypto Regulations - Bloomberg
Eu

European Union Close in Agreeing on Crypto Regulations - Bloomberg

As the clamor for crypto regulations has continued to intensify, the European Union (EU) is close to agreeing on a comprehensive regulation that will govern the nascent digital currency ecosystem

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

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.

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

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.

EU to Vote Restricting PoW-based Crypto Assets
Eu

EU to Vote Restricting PoW-based Crypto Assets

The European Union could see a major change in the cryptocurrency industry as proof-of-work cryptocurrencies face an indeterminate future.

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

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.

US, EU Regulators Vow to Remove Russian Banks from SWIFT Network
Eu

US, EU Regulators Vow to Remove Russian Banks from SWIFT Network

One of the latest sanctions from the western camp seeks to ban specific Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) in response to the Russian invasion of Ukraine.

EU's ESMA Wants Public Input on Proposed DLT Regulation
Eu

EU's ESMA Wants Public Input on Proposed DLT Regulation

The European Union’s Securities and Markets Authority has called on concerned market stakeholders to comment on its proposed regulation for the use of Distributed Ledger Technology in securities trading and settlement.

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

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.

Russian Policy Boss Wants to Block Cryptocurrencies, Says They Are Difficult to Regulate
Eu

Russian Policy Boss Wants to Block Cryptocurrencies, Says They Are Difficult to Regulate

Anatoly Aksakov, head of the State Duma Financial Market Committee, stated that the country should explore other options for crypto regulation.