1 / 8 Relevant items tagged with #EU

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EU Seizure of Russia’s Assets Could Erode Euro’s Reserve Status

[Dec 13 4:30 AM] Seizing Russia’s frozen assets risks catastrophic fallout, including collapsing trust in global financial systems, destabilizing the euro, and sparking severe retaliatory measures. Confiscating Russia’s Assets Could Backfire Catastrophically…

EU Banking Rules Give Crypto Firms an Edge Over US Counterparts, Analysis Finds

[Nov 29 2:30 PM] European Union banking regulations have provided a significant competitive advantage for crypto firms compared to the challenges faced by their U.S. counterparts, according to an analysis by Patrick Hansen, senior director of EU strategy and policy…

Europe’s Coinbase users frustrated as MiCA forces sunset of USDC yield

[Nov 29 5:50 AM] Some Coinbase users are airing frustrations at the region’s MiCA laws, which are forcing the exchange to stop offering yields on USDC in the European Economic Area.

Stablecoin Issuer Paxos to Buy Finland's Membrane Finance to Gain EU Access

[Nov 19 3:06 PM] Paxos agreed to buy electronic money institution Membrane Finance, which is licensed in Finland.

Norway supports MiCA, considers CBDC for financial stability

[Nov 9 9:30 AM] Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway.

Visa and Coinbase partner for instant crypto buys with debit cards

[Oct 30 5:31 AM] Coinbase and Visa offer customers with eligible Visa debit cards the ability to instantly deposit, withdraw and buy crypto.

Netherlands seeks input on crypto tax monitoring laws to align with EU

[Oct 25 2:58 AM] The Dutch government wants to align its data collection rules for crypto service providers with the rest of the EU, saying it would “create more transparency.”

ECB paper claims older Bitcoin holders are exploiting new holders

[Oct 19 7:43 PM] Since its introduction in 1999, the euro has lost approximately 85% of its value against gold due to monetary inflation.

Ireland Moves to Draft Urgent Legislation for Cryptocurrency Regulations Ahead of EU Deadline

[Oct 17 9:30 AM] Ireland’s Finance Minister Jack Chambers has announced plans to draft urgent legislation aimed at updating financial regulations to include cryptocurrency and digital asset firms. According to the Irish Examiner, this legislation is crucial…

Italy to Raise Capital Gains Tax on Crypto to 42% From 26%: Reports

[Oct 16 2:32 PM] Italy's Deputy Finance Minister Maurizio Leo has said the nation will raise taxes on capital gains on cryptocurrencies such as Bitcoin to 42% from 26%, according to Reuters and Bloomberg.

EU’s MiCA bill set to shape global stablecoin regulations — Binance

[Oct 15 2:15 PM] While MiCA is seen as a net positive for stablecoin regulation, it introduces consolidation concerns, especially among small crypto firms.

21Shares urges EU to change ‘inconsistent’ crypto ETP rules

[Oct 8 3:25 AM] The ETP issuer is asking for more clarity and consistency from what it claims is the European Union’s “patchwork” of crypto regulations.

Academic paper suggests governments should attack public blockchains

[Oct 6 7:15 PM] Crypto exchange Kraken has announced the delisting of Monero in the European Economic Area to maintain compliance with EU regulations.

Coinbase to Delist USDT in Europe Amid New EU Regulations

[Oct 6 10:30 AM] Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase’s…

Fan Tokens Have Much Larger Market Than NFTs, Says Chiliz CEO as Blockchain Prepares New Memecoin 'Pepper'

[Oct 2 6:38 PM] The Chiliz blockchain is aiming to become "the sports blockchain," its CEO Alexandre Dreyfus told CoinDesk in an interview, while also calling out the disproportionate historical hype around NFTs in comparison to fan tokens.

Robinhood Introduces Crypto Transfers in Europe as It Doubles Down on Expansion

[Oct 1 3:51 PM] Robinhood customers in the European Union can now transfer more than 20 cryptocurrencies, including include bitcoin, ether, solana and USD coin, in and out of the trading app.

Sygnum Secures Liechtenstein License to Expand Crypto Services in EU

[Sep 24 2:30 AM] Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA…

Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider

[Sep 23 1:05 PM] The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.

Consumer watchdogs call for EU action on in-game digital money

[Sep 13 4:21 AM] Consumers fall prey to many deceptive practices when buying and using in-game currencies in video games, claims BEUC.

EU Regulator Sees Official Journal Publication of Stablecoin Standards Before Year-End

[Sep 11 12:08 PM] The European Banking Authority estimates that 15 technical standards for crypto platforms like stablecoin issuers will become official before the end of 2024.

Latvia’s central bank opens pre-licensing consultations to crypto companies 

[Sep 9 12:59 PM] Latvia’s central bank is taking proactive steps to align with the EU’s upcoming crypto regulations by offering free pre-licensing consultations for crypto-asset service providers.

Russia Is About to Try Using Crypto to Get Around Sanctions

[Aug 30 7:20 AM] Russia will begin trialing cross-border crypto payments next week to try to circumvent international sanctions – but this effort may not work, several policy and legal experts told CoinDesk.

Bitstamp and Stripe Collaborate for EU Crypto Onramp

[Aug 8 6:30 AM] Crypto exchange Bitstamp is collaborating with Stripe, a financial infrastructure platform, to support Stripe’s fiat-to-crypto onramp across the EU. This collaboration enables EU consumers to easily purchase cryptocurrencies through a…

Bitstamp helps Stripe scale crypto purchases in the EU

[Aug 7 2:02 PM] Bitstamp entered a partnership to support Stripe’s crypto on-ramp solution in Europe a few months after Robinhood announced its $200 million acquisition of the exchange.

France Opens for MiCA Applications, First Among Biggest EU Economies

[Aug 2 4:04 PM] France's Autorité des Marchés Financiers said it started accepting applications for crypto asset services provider licenses on July 1.

Slovenia launches EU's first digital sovereign bond via BNP Paribas

[Jul 29 5:57 PM] The bond was issued as part of ECB wholesale settlements experiments and matures on Nov. 25.

Unbound Fund Offers a New Path to EU Citizenship With Bitcoin Investment

[Jul 24 3:35 AM] Unbound Fund has announced a new opportunity for individuals to acquire Portuguese/EU citizenship by indirectly holding bitcoin worth about $542,000 (€500,000). The fund is said to be the first of its kind to be eligible for the Golden Visa…

EU to Send Ukraine 1.4 Billion Euros From Frozen Russian Assets

[Jul 24 12:30 AM] The European Union (EU) is set to provide Ukraine with 1.4 billion euros ($1.52 billion) in military aid, sourced from the interest on frozen Russian assets. This decision, announced by EU High Representative for Foreign Affairs and Security Policy…

EU releases crypto-asset classification tools to help firms comply with MiCA

[Jul 19 7:51 AM] EU regulators introduce standardized crypto-asset classification under MiCA with a new test and guidelines to ensure uniformity across the market as regulations begin to come into play.

Blockchain Friendly Roberta Metsola Reelected as EU Parliament President

[Jul 17 9:42 AM] In 2018, as a member of the European Parliament for Malta, she called for regulation on crypto and blockchain when needed, without stifling innovation.