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Defi Not a Risk to Financial Stability Yet, EU Securities Regulator Reports

[Oct 13, 2023 1:30 AM] Decentralized finance (defi) brings risks for investors but is yet to pose “meaningful risks” to financial stability, according to Europe’s securities watchdog. The agency believes, however, the phenomenon deserves attention in light of the EU’s�

EU Markets Regulator Warns of DeFi’s ‘Serious Risks’

[Oct 11, 2023 7:11 AM] ESMA, responsible for rulemaking under the bloc’s landmark new crypto law MiCA, is worried about new forms of market manipulation when there’s no central counterparty

EU Plans for Wholesale CBDC Out Within Weeks, French Central Banker Says

[Oct 3, 2023 7:54 AM] A central bank digital currency usable by financial markets is moving faster than a more controversial plan targeting regular citizens

EU Seeks More Data on Crypto’s ‘Significant’ Environmental Harm

[Sep 28, 2023 4:26 AM] The bloc’s executive arm is commissioning a $842K study as it considers what to do about energy-hungry proof-of-work technology

US Crypto Exchange Kraken Wins ‘Milestone’ Regulatory Approvals in Europe

[Sep 27, 2023 4:00 PM] Cryptocurrency exchange Kraken announced new achievements in implementing its strategy to pursue expansion on the European market. The U.S. trading platform for digital assets said it has received regulatory nods from the monetary authorities of…

Coinbase Registers as Crypto Exchange and Wallet Provider in Spain

[Sep 25, 2023 2:30 AM] U.S.-based crypto exchange Coinbase has obtained a registration in Spain that will allow it to offer a range of services for digital assets. The authorization fits into the company’s current strategy for global expansion through acquiring local…

Binance Warns of Multiple Stablecoin Delistings as Lawyers Puzzle Over EU's MiCA

[Sep 21, 2023 6:00 AM] The EU’s landmark Markets in Crypto Assets law, MiCA, takes effect next year, but it’s not clear how it will apply to foreign or decentralized issuers

Digital Euro Conspiracy Theories and Privacy Concerns Put EU Central Bankers in the Hot Seat

[Sep 11, 2023 1:00 AM] Officials promise privacy controls for the possible new CBDC, but are less clear how to respond to wilder reactions.

Coinbase Seeks Expansion in Markets With Clear Crypto Rules Unlike US

[Sep 9, 2023 2:30 PM] America’s leading cryptocurrency exchange, Coinbase, plans to expand its business in jurisdictions that are adopting clear regulations for the sector. These include markets in Europe, Asia and the Americas as opposed to the United States which, the…

Coinbase signals EU, Canada, Brazil, Singapore and Australia as priorities

[Sep 7, 2023 7:15 PM] The crypto exchange’s focus on non-U.S. markets is part of a next phase in its expansion plans, said the firm.

Controversial Digital Euro Plan to Be Led by Architect of Landmark MiCA Crypto Law

[Aug 30, 2023 10:20 AM] The center-right lawmaker previously negotiated the landmark MiCA crypto law for the European Parliament

BRICS Discussing Single Unit of Account, Alternative to Dollar, Russian Finance Minister Says

[Aug 24, 2023 3:00 AM] The BRICS members are mulling over the possible launch of a common unit of account, Russia’s Minister of Finance Anton Siluanov unveiled. This would be an alternative to the U.S. dollar that can be used to denote the cost of some commodities, for…

French Regulator Revises Crypto Rules to Align With EU’s MiCA Law

[Aug 12, 2023 9:30 PM] France’s financial market regulator said it’s adjusting the rules for crypto companies in line with Europe’s new regulatory framework. The changes, which will enter into force next year, seek to enhance registration requirements for businesses…

IEA Report: Oil Prices on the Brink of Soaring as Supply Narrows and Demand Shatters Records

[Aug 12, 2023 1:30 PM] The stage is set for a potentially striking upswing in global oil prices, as supply constricts and demand ascends to unprecedented levels. With oil reserves dwindling at a breakneck pace, OPEC’s spare capacity restrained, and powerhouse…

Crypto․com Granted Registration Approval in the Netherlands

[Jul 30, 2023 2:30 AM] Digital asset exchange Crypto․com has been approved for registration as a crypto service provider in the Netherlands. The regulatory nod comes after a review of its business operations and compliance with the Dutch anti-money laundering…

EU Stablecoin Issuers With Bank Assets in Reserve Will Get Extra Regulation, EBA Draft Says

[Jul 24, 2023 11:18 AM] The EU agency is consulting on new MiCA rules that mean “significant” tokens are centrally supervised with extra capital requirements

Ripple Committed to Markets With Clear Rules in Asia and Europe After US Court Win

[Jul 24, 2023 5:30 AM] Following a partial court victory in the United States, crypto company Ripple intends to stay focused on markets with clear regulations for the industry, including jurisdictions in Asia such as Singapore and Hong Kong. The U.S.-based blockchain…

SEC’s Stuttering Litigation Strategy Draws Comment From France

[Jul 20, 2023 4:19 AM] French officials boast of crypto-ready laws that contrast with a stuttering enforcement campaign from the U.S. SEC – and are looking to the next generation of Web 3 gaming rules.

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…