8 / 9 Relevant items tagged with #EuropeanUnion

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Crypto in Europe: Economist breaks down MiCA and future of stablecoins

[Apr 14, 2023 7:34 AM] A principal economist of the European Commission shares his views on stablecoins and the future of regulations in Europe.

First of many? How Italy’s ChatGPT ban could trigger a wave of AI regulation

[Apr 13, 2023 7:01 AM] A data breach and a lack of transparency led Italy to ban ChatGPT, the popular AI-powered chatbot, sparking a debate on the future of AI regulation and innovation.

French central bank looks at certification, incorporation as part of DeFi regulation

[Apr 11, 2023 12:53 PM] The Banque de France presented a well-written consideration of issues related to DeFi and forthcoming MiCA regulation, with suggestions.

Europe’s digital ID wallet — Easy for users or a data privacy nightmare?

[Apr 7, 2023 7:01 AM] European Union lawmakers are planning an EU-wide digital identity wallet for access to essential services.

Germany plans to issue electronic shares on blockchain, boost startups

[Apr 6, 2023 11:44 AM] Under the Future Finance Act, the German government is pushing for more welcoming regulations for startups working with financial innovation.

UK banks are turning away crypto clients: Report

[Apr 2, 2023 1:56 PM] Challenges for crypto companies range from having applications rejected, accounts frozen, to being overwhelmed with paperwork.

Government requests for user data from Big Tech increased by 25%: Report

[Mar 30, 2023 4:35 AM] Requests for user data from Big Tech companies such as Apple, Google and Microsoft continue to rise year-over-year from governments worldwide.

European Banking Federation shares its vision of digital euro, wCBDC, bank tokens

[Mar 28, 2023 11:30 AM] The EBF calls itself the voice of the European banking sector; it expressed its support for European digital money, with suggestions of its own.

UBS’s acquisition of Credit Suisse brings some good and bad for crypto

[Mar 27, 2023 7:54 AM] Many in Switzerland have said that UBS’ takeover of Credit Suisse was necessary to avoid a calamitous banking crisis like that seen in 2008.

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."