8 / 9 Relevant items tagged with #EuropeanUnion

Posts

European DeFi startups saw 120% increase in VC investment in 2022: Data

[Mar 27, 2023 3:06 AM] Despite the ongoing tumultuous market conditions, venture capital investments in European crypto startups hit an all-time high of $5.7 billion in 2022.

G7 to collaborate on tighter crypto regulation: Report

[Mar 26, 2023 12:03 PM] Leaders from Japan, the United States, the United Kingdom, Canada, France, Germany, and the European Union are expected to outline a global cooperative strategy for digital assets in May.

'US has left a vacuum that other countries are eager to fill': Coinbase

[Mar 24, 2023 8:39 PM] While the U.S. government opts for “regulation by enforcement,” other countries are fostering “vibrant” crypto ecosystems due to progressive regulation, argues Coinbase’s Daniel Seifert.

In the aftermath of banks’ horrorshow: Law Decoded, March 13–20.

[Mar 20, 2023 2:30 PM] A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling down.

‘If a government bans drugs, it should also ban crypto’ — Belgium’s former finance minister

[Mar 17, 2023 10:30 AM] Members of the European Parliament have been discussing the impact of the failure of Silicon Valley Bank, Signature Bank and Silvergate Bank on markets in their jurisdictions.

European Parliament votes to form final law on EU digital wallet

[Mar 16, 2023 7:48 AM] Introduced in 2021, the European Digital Identity framework aims to enable and protect digital identity of EU citizens.

Europarliament approves Data Act that requires kill switches on smart contracts

[Mar 14, 2023 2:20 PM] The act would encourage data sharing, but it imposes requirements for smart contracts used in this setting that have alarmed members of the crypto community.

EU Commission to ensure ‘healthy competition’ in the metaverse

[Mar 8, 2023 1:55 AM] Margrethe Vestager, the executive vice president of the European Commission for a Europe fit for the digital age, stressed the need to anticipate and plan for changes in technological advancements.

Solana faces ‘lack of appetite’ from US regulators, says Austin Federa

[Mar 3, 2023 2:00 PM] The Solana Foundation’s head of strategy said he had heard from projects facing “pretty draconian” rules in the European Union related to liability of illicit crypto transactions.

The limitations of the EU’s new cryptocurrency regulations

[Feb 25, 2023 8:01 AM] By the time MiCA makes it through the EU, will it be enough to effectively regulate the crypto industry on the continent?

European Union discusses using zero-knowledge proofs for digital IDs

[Feb 16, 2023 3:37 AM] The proposition to use zero-knowledge proofs was approved by the EU Committee and may become part of the updated legislation.

EC launches blockchain regulatory sandbox for 20 projects annually through 2026

[Feb 15, 2023 1:30 PM] The sandbox will match up public and private sector projects with the appropriate participating regulators for assessments and consultations.

Proposed EU parliament rule could have banks apply 1,250% risk weight to crypto exposure

[Feb 13, 2023 10:15 AM] The proposed rule change, putting crypto at one of the highest risk ratings at financial institutions, could go into effect until December 2024.

Opinion: Should Bored Ape buyers be legally entitled to refunds?

[Jan 30, 2023 11:56 AM] It isn’t clear whether a 25-year-old European Union law means you should be allowed to get refunds on your NFTs.

‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament

[Jan 26, 2023 2:30 AM] Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets and are expected to…

EU lawmakers vote for more restrictive capital requirements on banks holding crypto

[Jan 24, 2023 12:30 PM] Banks could be required to hold a “risk-weighted exposure amount” of up to 1,250% of capital based on exposure to crypto if the full parliament passes the measures.

EU Lawmakers Vote To Impose Strict Capital Requirements On Banks Holding Bitcoin And Crypto

[Jan 24, 2023 10:38 AM] Banks would be allowed to hold 2% of capital in bitcoin, but required to have one euro in capital for every euro in cryptocurrency held.European Union lawmakers have voted to impose strict capital requirements on banks that hold cryptocurrencies…

EU postpones final vote on MiCA for the second time in two months

[Jan 18, 2023 4:59 AM] The final vote was delayed due to issues in the translation of the 400-page legal document.

Cross-border crypto scammers on the hit list for EU agencies

[Jan 16, 2023 2:52 AM] Europol and Eurojust, two EU agencies for law enforcement cooperation, joined authorities from Bulgaria, Cyprus, Germany and Serbia to investigate online investment fraud since June 2022.

Huobi and Solaris crypto-to-fiat debit card launches in the EU

[Jan 13, 2023 3:46 AM] The Visa-backed debit card will allow Huobi users in the European Economic Area (EEA) to pay from their crypto accounts at point of sale stations globally.

French central bank governor pushes for crypto licensing ahead of EU laws

[Jan 5, 2023 8:17 PM] The Bank of France’s head said turmoil in the crypto markets proves the need to move to a mandatory licensing scheme for crypto firms "as soon as possible."

Crypto regulation world: How laws for digital assets changed in 2022

[Jan 4, 2023 12:56 PM] While regulations were once seen as hurdles to crypto adoption, they are now perceived as the fastest way to attain global mainstream adoption.

The 5 most important regulatory developments for crypto in 2022

[Dec 25, 2022 8:00 AM] The European Union has its regulatory framework, while the race is only kicking off in the United States.

ECB Hikes Interest Rates by 50bps; Signals Need for Further Hikes to Fight Inflation

[Dec 16, 2022 12:30 AM] The European Central Bank (ECB) decided to hike three of its key interest rates by 50 basis points (0.5%) as part of its ongoing war against inflation. The organization stated that further increases are likely to happen “because inflation…

Apple to allow third-party app stores in windfall for NFTs and crypto

[Dec 13, 2022 8:41 PM] In a win for crypto app developers, incoming EU laws will force Apple to permit alternative app stores and apps without the need to go through its App Store.

European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized

[Dec 10, 2022 1:30 AM] The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency transactions. On Nov. 6 the bloc agreed to put a limit of €10,000 ($10,557) on cash payments and to exert…

Nifty News: Reddit NFT mints reach all-time high, EU’s $400K Metaverse party flops and more

[Dec 4, 2022 9:12 PM] With the record mint day for Reddit avatar NFTs, there are now around 4.4 million Reddit NFTs in circulation.

European Central Bank blasts Bitcoin —community responds

[Nov 30, 2022 7:53 AM] After the European Central Bank released a blog post on the shortcomings of Bitcoin, the crypto community on Twitter took to the comments to defend the cryptocurrency.

President of Bank of Brazil Shows ‘Open Finance’ Digital Real Concept Featuring Stablecoin Integration and Payments Functionality

[Nov 29, 2022 6:30 AM] Roberto Campos Neto, president of the Bank of Brazil, explained the role that the Brazilian central bank digital currency (CBDC), the digital real, might play in the future of personal finance. At an event, Neto explained the concept of “open…

ECB president reiterates calls for 'MiCA II' in response to FTX collapse

[Nov 28, 2022 3:55 PM] In June, Christine Lagarde said a potential MiCA II framework “should regulate the activities of crypto-asset staking and lending, which are definitely increasing.”