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Cyprus SEC Enforces EU Crypto Regulation — Key Deadlines Loom
18.10.2024
Key deadlines for crypto-asset regulation are approaching, as Cyprus’ regulator announced that the EU’s Markets in Crypto-Assets Regulation (MiCAR) will take effect for service providers by December 2024, with registration closing by October. Providers already registered may operate until mid-2026...
EU markets watchdog recommends amending MiCA regulations
16.10.2024
The European Securities and Markets Authority acknowledged the legal limitations raised by the European Commission but emphasized the importance of the framework’s initial objectives
EU markets watchdog urges amendments to MiCA crypto regulations
16.10.2024
The European Securities and Markets Authority acknowledged the legal limitations raised by the European Commission but emphasized the importance of the framework’s initial objectives
European Blockchain Sandbox onboards 41 regulators in second cohort
1.10.2024
The European Blockchain Sandbox Initiative expands with 41 regulators and authorities from 22 countries, boosting blockchain innovation and regulatory collaboration
New regulators are set to define Europe's crypto policies
4.9.2024
The European Parliament is set to establish a new European Commission, and it will determine the next five years of crypto policy for the European Union
New regulators are set to define Europe's crypto policies
4.9.2024
The European Parliament is set to establish a new European Commission, and it will determine the next five years of crypto policy for the European Union
Tech firms pen letter to EU requesting more time to comply with AI Act
9.8.2024
Tech companies release a joint letter requesting more time from the EU to comply with AI Act requirements, citing challenges due to the summer recess
European Commission selects Iota Web3 ID for blockchain sandbox
13.6.2024
The European Commission’s selection of Iota’s Web3 ID solution highlights the solution’s potential to revolutionize KYC processes using distributed ledger technology and tokenization on a mass scale
EUBOF Advises EU On Blockchain And AI Integration
27.5.2024
In a report published on May 24, the European Blockchain Observatory and Forum (EUBOF), a project of the European Commission, urged the EU to get ready for the fusion of blockchain technology with artificial intelligence (AI).
The post EUBOF Advises EU On Blockchain And AI Integration appeared...
EU Watchdog Says Reordering Blockchain Transactions Might Be Market Abuse. Industry Says It's Not
5.4.2024
Maximum Extractable Value (MEV), in which crypto miners reorder transactions they validate for profit, is not inherently bad, some policy experts point out
EU Launches Probe into Tech Giants Apple, Google, Meta, and Amazon Over Digital Markets Act Violations
25.3.2024
The European Commission has begun an extensive investigation targeted at Apple, Amazon, Alphabet, and Meta over non-compliance practices under the new Digital Markets Act (DMA). The notice of the inquiry was disclosed by the commission on March 25, and it represents the EU’s first major attempt...
European Commission Grills Big Tech on AI Risks to Elections: Deepfakes, Misinformation in Focus
15.3.2024
On March 14, the European Commission formally enquired into strategies adopted by big tech companies to mitigate generative Artificial Intelligence (AI) risks capable of misleading voters. The commission has given the companies an April 3 deadline to provide documents and information.
The post...
Upcoming High-Level EU Financial Policy Talks Could Steer Crypto Oversight: Source
14.2.2024
An informal document shared among EU officials shows digital finance, and thereby crypto, topping a list of priorities to be discussed
EU Reveals Details of Russian Sanctions Package in New Q&A, Includes Updated Crypto Provisions
19.12.2023
The European Union (EU) revealed details on their latest package of sanctions against Russia, which includes provisions on crypto, in a newly released Q&A this week. Enacting bans and closing loopholes According to the Q&A posted on the website of the European Commission, the updated...
EU Formally Agrees on New Crypto Tax Data Sharing Rules
17.10.2023
The finalized rules, set to be published in the EU's official journal, force crypto firms to report on customers' holdings to be shared between tax authorities
European Commission Initiates €800,000 Study to Address Crypto's Environmental Impact
28.9.2023
On Tuesday, the European Commission awarded an 800,000 euro ($842,000) contract as part of its efforts to address the environmental impact of cryptocurrencies.
In a tender document released on September 26, titled "Developing a Methodology and Sustainability Standards for Mitigating...
Binance EU Users Face Fiat Withdrawal Issues – What's Going On?
20.9.2023
Some Binance customers in the EU have been blocked from withdrawing euros as part of an early change in the crypto exchange’s regional payments provider looms.
Several users in the region have been denied access to Paysafe, Binance’s European payments partner, ahead of the September 25 deadline...
EU Commissioner Wants Digital Euro Project To Be Approached After Next European Commission In 2024
7.9.2023
Mairead McGuinness, European Commissioner for Financial Stability, Financial Services and the Capital Markets Union says that the digital euro should not be rushed until the next Commission's parliamentary election.
Speaking at a think tank in Brussels on Sept 6, she stressed that a “slow...
ECB Praises European Commission’s Digital Euro Proposal as Key to Competing With the Private Sector
5.9.2023
In a speech to the European Parliament's Committee on Economic and Monetary Affairs on September 4th, European Central Bank (ECB) executive board member Fabio Panetta presented a compelling case for Europe's pursuit of the digital euro.
Panetta's address centered on the European Commission's (EC)...
The EU Commission’s strategy on Web4 is a flop
18.7.2023
There’s a lot of work left to be done on Web 3.0. The European Commission is getting ahead of itself by trying to move to what it calls “Web 4.0.”