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EU's Data Act Final Draft Still Contains Controversial Smart Contract Kill Switch

[Jul 17, 2023 4:53 AM] Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the kill-switch, according to a final version of the text seen by CoinDesk

Europe Expects Its First Bitcoin ETF This Month, Report

[Jul 16, 2023 12:00 AM] Europe’s first bitcoin exchange-traded fund (ETF) is set to launch in July after a 12-month delay caused by the crypto winter. The fund has been authorized in Guernsey, a more flexible jurisdiction, which will ostensibly help to avoid some of the…

It's Time for a Euro Stablecoin

[Jul 12, 2023 2:14 PM]

Stablecoin Issuers Urged to Anticipate MiCA Rules by EU Banking Agency

[Jul 12, 2023 4:57 AM] Regulators can be notified of stablecoin-related operations now even though the rules don’t take effect until June 2024, the European Banking Authority said.

EU Securities Agency Issues First Batch of Detailed Crypto Rules Under MiCA Law

[Jul 12, 2023 3:22 AM] Consultations cover authorization and conflict-of-interest rules for crypto companies under the landmark digital assets law

EU’s Metaverse Vision Focuses on Standards, Governance and Funding

[Jul 11, 2023 7:52 AM] The EU isn’t proposing new laws but could spend hundreds of millions on research into virtual worlds.

Austrian Bitcoin Broker Coinfinity Integrates Lightning Network

[Jul 10, 2023 12:57 PM] Coinfinity, an Austrian bitcoin broker, has recently integrated the Lightning Network into its services, allowing customers to make bitcoin purchases with reduced transaction fees and quicker processing times.Thomas Burgstaller, Chief Growth…

Nifty News: Sega exec calls P2E games ‘boring,’ Tom Brady’s NFT firm switches it up and more

[Jul 6, 2023 11:52 PM] Sega is still reportedly licensing its lesser-known properties out for NFTs and blockchain games, but its best ones are being kept close.

EU’s Leaked Metaverse Strategy Proposes Regulatory Sandbox, New Global Governance

[Jul 6, 2023 4:25 AM] Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said.

EU Metaverse Strategy Set to Examine Privacy, Competition and Rights

[Jul 6, 2023 1:41 AM] A policy paper next week won’t set legislative rules – but could point the way ahead on some key Web3 issues.

Denmark's Financial Watchdog Orders Saxo Bank to Shed Its Crypto Holdings

[Jul 5, 2023 5:04 AM] Danish bank Saxo has been ordered by Denmark's financial regulator to shed its own holdings of cryptoassets.

Binance Reportedly Denied Crypto License in Germany

[Jul 1, 2023 12:30 AM] Germany’s financial regulator has refused to grant Binance a crypto custody license, according to a media report. A rejection would prevent the exchange from advertising and growing in the major European market and deal another blow to its efforts…

Binance to Lose Euro Transfers as Paysafe Drops Support

[Jun 29, 2023 9:00 PM] Paysafe will discontinue support for bank transfers of euros to and from Binance, the payments provider announced. The news comes when the world’s largest cryptocurrency exchange finds itself under pressure from regulators and banking partners in…

Slovakian Lawmakers Pass Amendment Lowering Cryptocurrency Taxation

[Jun 29, 2023 11:00 AM] Lawmakers in Slovakia have approved new legislation, with a resounding 112-2 vote in favor, aimed at reducing taxes associated with the sale of crypto or digital assets. In addition to the aforementioned tax-cutting law, members of the National…

Slovakian Crypto Tax-Cutting Bill Passes National Parliament

[Jun 29, 2023 6:18 AM] Lawmakers wanted to see a 7% rate for crypto held longer than a year

ECB to Start Wholesale CBDC Settlement Trials in 2024

[Jun 29, 2023 3:04 AM] The central bank wants to see innovative interventions in financial markets – but under existing rules.

Binance Abandons Planned Delisting of Some Privacy Coins in EU Markets

[Jun 28, 2023 10:30 PM] Cryptocurrency exchange Binance has reconsidered a decision to delist some privacy tokens in several European markets. The leading coin trading platform will continue to offer trading in these digital assets after revising their classification to…

EU Publishes Digital Euro Bill Featuring Privacy Controls, Offline Guarantee

[Jun 28, 2023 4:29 AM] Officials want a digital payment system available to “everyone, everywhere, for free.”

EU’s Controversial Smart Contract Kill-Switch Rules Finalized by Negotiators

[Jun 27, 2023 11:22 PM] Lawmakers and governments have reached a deal on the Data Act despite protests from the blockchain industry.

Insights Into MiCA, Europe's New Comprehensive Bitcoin And Crypto Regulation Framework

[Jun 27, 2023 10:00 AM] In a recent interview with Vishal Sacheendran, Director of MENA and Europe at Binance, he provided insights into the upcoming Markets in Crypto Assets (MiCA) regulation in Europe. Vishal, who previously worked for a financial regulator in Abu…

EU Seals Deal on Crypto Bank-Capital Rules

[Jun 27, 2023 12:46 AM] Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system

Binance Rescinds Decision To Remove Privacy Coins From European Market

[Jun 26, 2023 8:30 AM] Binance has made a decision to reverse its initial plan of delisting certain privacy coins in Europe. This change in course comes after the exchange revised its operations to align with the local regulatory requirements. According to the developers…

Bybit Gains Crypto License in Cyprus

[Jun 26, 2023 4:00 AM] The Dubai-based crypto exchange will gain now a foothold in the European Union after its exit from Canada and the U.K.

Binance US Market Share Shrinks Amid Legal Battle With SEC

[Jun 22, 2023 3:30 AM] The market share of the U.S. subsidiary of Binance has declined amid an ongoing crackdown by America’s securities regulator. According to new data, leading U.S. crypto exchange Coinbase, also sued by the Securities and Exchange Commission (SEC), is…

Right to Pay With Cash Enshrined in Constitution of Slovakia Amid Digital Euro Fears

[Jun 21, 2023 4:30 AM] A member of the eurozone is amending its constitution in order to guarantee citizens the right to cash payments. The move comes amid growing fears that a digital version of the common European currency may eventually become the only means of…

Digital Euro: The Bill Is Ready but Politicians Aren’t Convinced

[Jun 21, 2023 2:00 AM] A plan to legislate for the central bank digital currency may still be on track for publication, but there is still significant political skepticism about the purpose.

Binance Unit in Britain Cancels UK Regulatory Authorization

[Jun 20, 2023 3:30 PM] Britain’s financial regulator has approved a request by Binance to cancel its regulatory permissions in the United Kingdom. The move comes as the world’s leading cryptocurrency exchange takes steps to focus on fewer European markets amid increased…

EU Commission Brushes Off 'Data Act' Fears by Crypto Industry

[Jun 20, 2023 11:28 AM] New rules could kill off permissionless smart contracts, the industry worries.

Binance Pulls Out of Netherlands, Seeks to Deregister Cyprus Unit

[Jun 17, 2023 3:00 AM] The world’s largest crypto exchange, Binance, said it’s exiting the Dutch market as it has been unable to obtain registration as a crypto service provider. The news comes after Binance’s entity in Cyprus applied to be removed from the country’s…

Blockchain Anti-Counterfeiting Trials ‘Promising,’ EU Agency Says

[Jun 16, 2023 8:26 AM] The European Union's intellectual property office EUIPO wants traders and customs authorities to use open-source tools to authenticate branded goods.