2 / 7 Relevant items tagged with #EU

Posts

Ahead of EU Elections, Crypto Industry Pushes Blockchain Merits as Policy Focus Shifts to AI

[Apr 30 2:05 AM] Industry watchers are hoping for a younger, tech-savvy cohort of politicians that can push innovation-friendly policy forward.

Here’s How EU Nations Are Preparing to Enforce MiCA

[Apr 29 12:00 AM] With MiCA stablecoin rules taking effect in June, CoinDesk reached out to regulators in all 27 EU member states to show where countries are at with implementation.

EU Parliament Adopts Anti-Money Laundering Rules Package, Also Policing Crypto

[Apr 26 4:44 AM] The new laws set up "enhanced" due diligence and customer checks for crypto firms.

EU's MiCA Rules Have Had Little Influence on the European Crypto Market, Regulator Says

[Apr 10 9:22 AM] The rules, which take effect at the end of the year, have yet to spur increased euro-based transactions in crypto markets.

EU Watchdog Says Reordering Blockchain Transactions Might Be Market Abuse. Industry Says It's Not

[Apr 4 10:00 PM] Maximum Extractable Value (MEV), in which crypto miners reorder transactions they validate for profit, is not inherently bad, some policy experts point out.

EU Markets Watchdog Steps Closer to Finalizing Rules Under MiCA

[Mar 25 5:17 AM] The European Securities and Markets Authority on Monday published a final report on measures along with its third consultation package for further rules and guidance.

EU Lawmakers Vote for Three Major Texts in Anti-Money Laundering Package That Also Targets Crypto

[Mar 19 6:15 AM] The broad package sets up an anti-money laundering authority, a single rulebook for all 27 member states, and tough rules for crypto service providers.

EU Regulators Publish Batch of Draft Rules for Stablecoins Under MiCA

[Mar 13 6:01 AM] The draft Regulatory Technical Standards (RTS) lay out requirements for issuers when dealing with complaints about stablecoins referencing multiple currencies.

Sweden’s Central Bank Chief Wants 'as Little Bitcoin as Possible' in Country's Financial System: Bloomberg

[Mar 12 8:13 AM] Sweden's central bank governor said he wants "as little bitcoin as possible in the Swedish financial system."

EU Parliament Approves New Sanctions Laws That Also Apply to Crypto

[Mar 12 7:24 AM] The laws are to ensure sanctions rules are applied uniformly across the EU's 27 member states.

Frankfurt to Host New EU Money Laundering Watchdog Tasked With Monitoring Crypto

[Feb 22 1:58 PM] The Anti-Money Laundering Authority is part of a broader effort by the European Union to combat illicit fund flows, and is ready to begin work as early as Friday, officials said Thursday.

Kraken Starts Requiring Info on Self-Custody Crypto Wallet Ownership in the UK

[Feb 16 12:30 AM] Kraken, a U.S.-based cryptocurrency exchange, has started requiring additional information in the U.K. regarding transactions of self-custody wallets made to and from its accounts. Kraken sent an email to some of its U.K. customers, stating that if…

Upcoming High-Level EU Financial Policy Talks Could Steer Crypto Oversight: Source

[Feb 14 1:20 PM] An informal document shared among EU officials shows digital finance, and thereby crypto, topping a list of priorities to be discussed.

The Big Misunderstanding: What MiCA Really Means for Stablecoins in Europe

[Feb 6 12:32 PM] The EU's comprehensive crypto guidance does not introduce entirely new regulations for fiat backed stablecoins, former central banker Jón Egilsson writes. Instead it affirms existing rules that many current issuers are not yet following.

Spanish Treasury Proposes Tax Reform to Allow Cryptocurrency Seizures

[Feb 5 1:30 AM] The Spanish Treasury is proposing a tax reform to allow the seizure of cryptocurrency assets when liquidating tax debts. According to local sources, the proposal would also allow the state administration to embargo these digital assets as it is…

Crypto Industry Cautiously Welcomes Agreement on New EU AML Rules

[Jan 19 3:00 AM] Customer due diligence requirements for crypto firms may be more stringent than for banks, policy watchers told CoinDesk.

EU Provisionally Agrees Tough Crypto Due Diligence Measures to Combat Money Laundering

[Jan 17 8:31 PM] Crypto firms have to do checks on transactions of 1000 euro or more, and the framework adds measures to mitigate risks in transfers with self-hosted wallets.

EU Banking Watchdog Extends Anti-Money Laundering Measures to Cover Crypto Firms

[Jan 16 7:55 AM] The European Banking Authority issued new guidance for crypto firms that will come into effect on Dec. 30, 2024.

EU Industry Input 'Really Important' to Stablecoin Rulemaking Under MiCA, EBA Officials Say

[Jan 11 4:58 AM] During a Thursday hearing on proposed guidelines for stablecoin issuers, European Banking Authority officials urged stakeholders to engage with regulators to "start on the right footing."

European Central Bank Shows It’s Serious About Enabling Digital Euro Offline Use

[Jan 11 12:00 AM] The central bank plans to allocate the lion’s share of its $1.3 billion contract budget for providers to work on enabling offline payments for a digital euro.

EU Banking Watchdog to Deepen Probe of Links Between Banks, Crypto Entities: FT

[Jan 3 2:57 AM] The European Banking Authority (EBA) will take additional steps to anticipate how strains in non-bank financial institutions (NBFIs), including cryptocurrency-related entities, will affect banks.

Belgium to Push European Blockchain Network During EU Council Presidency, Digital Minister Says

[Dec 18, 2023 5:51 AM] EU-wide blockchain services could support the bloc’s pursuit of digital sovereignty, Mathieu Michel tells CoinDesk.

Robinhood Broadens Crypto Service to Europe, Notes Region's Digital Asset Regulation

[Dec 7, 2023 10:21 AM] The company said it chose Europe to anchor its crypto expansion outside the U.S. because of the region's comprehensive rules.

Crypto Firms That Act Like Banks Should Be Regulated Like Them, ECB Official Says

[Nov 29, 2023 5:54 AM] But supervision of bank-like crypto firms could be a pain for regulators, said Andrea Enria, chair of the supervisory board at the European Central Bank.

Fiery Public Hearing on Digital Euro Sees Experts Diverge on Key Issues

[Nov 28, 2023 12:46 PM] Expert witnesses answered lawmaker questions on holding limits, impact on banking systems and privacy for an EU central bank digital currency.

Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says

[Nov 28, 2023 9:27 AM] A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector grow, Miguel Fernández Ordóñez said during a European Parliament hearing on a digital euro.

EU Lawmakers Call to Reduce Tech Dependency on Other Countries With Metaverse Strategy

[Nov 28, 2023 4:25 AM] The European Parliament's Committee on Internal Market and Consumer Protection calls for the bloc to shape virtual worlds according to EU values.

The Global Movement to Promote Crypto Tax Transparency — What You Need to Know

[Nov 15, 2023 9:58 AM] In Europe and the U.S., there are a host of initiatives placing new requirements on participants in digital asset markets to report on transactions and meet other new provisions.

EU backs Data Act with clause to shut off smart contracts

[Nov 9, 2023 7:37 PM] The Act, inclusive of a clause necessitating “kill switches” on smart contracts, only now needs approval from the European Council to pass into law.

EU Parliament Approves Data Act With Smart-Contract Kill Switch Provision

[Nov 9, 2023 9:36 AM] The final version of the bill's text, reviewed by CoinDesk in July, revealed that it contained a smart-contract kill switch clause.