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Indian supreme court raps Union government on crypto rules delay: report
28.7.2023
The Supreme Court bench asked the union government to file a report on whether they are capable of setting up a federal agency to investigate crypto-related crimes
German political parties split on how to regulate increasing AI adoption
27.7.2023
As the trilogue on the AI Act begins, the European Commission, German politicians, and digital experts express skepticism and make new demands
Securitize issues tokenized assets in Spain, plans September trading start
27.7.2023
The U.S.-based trading platform is set to become the first to issue and trade tokenized assets in both the U.S. and the EU, and will operate under the new DLT pilot regime
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.”
Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity: Circle exec
17.7.2023
Circle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC; it all looks rosy, he said
Europe Expects Its First Bitcoin ETF This Month, Report
16.7.2023
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 regulatory challenges associated with the European...
Genshin Impact Voice Actors Say They Aren’t Getting Paid, Want Game Unionized
14.7.2023
Genshin Impact is one of the biggest, most successful video games in the world, bringing in tens of millions of dollars a month for developer/publisher miHoYo. However, according to some voice actors involved with the popular game, they don’t get paid for months, and it’s causing some to possibly...
EU ‘Understands the Benefits of Having One Crypto Market’, Says Blocktrade CEO Christian Niedermüller
12.7.2023
The EU's comprehensive work on regulating the industry will provide numerous benefits to crypto companies and their customers, argued Christian Niedermüller, CEO of the fully regulated crypto platform Blocktrade, in an interview with Cryptonews.
However, it will also create certain difficulties...
European Union's MiCA Legislation and its Impact on Stablecoin Adoption: Lawyers Raise Concerns
10.7.2023
The European Union's Markets in Crypto-Assets (MiCA) legislation, enacted on May 31, has generated praise and concerns within the crypto industry.
While hailed as a groundbreaking regulatory framework for cryptocurrencies, there is growing apprehension regarding one particular aspect:...
Regulation, User Trust, and Tech Constraints Stand in the Way of Mass Crypto (Banking) Adoption, Says Brighty’s CTO Nikolay Denisenko
10.7.2023
In an interview with Cryptonews, Nikolay Denisenko, the co-founder and CTO of mobile digital finance Brighty app and former Lead Backend Engineer at neobank Revolut, spoke of the major challenges crypto companies face when moving into neobanking.
He further discussed how neobanks can utilize DeFi...
European trade body warns against the exclusion of DeFi from MiCA
7.7.2023
The trade body recommended creating a taxonomy for the DeFi ecosystem and a consistent regulatory framework along with different levels of centralization
EU blockchain sandbox unveils first 20 use cases after wave of applications
5.7.2023
According to the European Commission, 20 projects have been selected in the first cohort to receive legal advice and regulatory guidance
Crypto Will Benefit from Bank-Issued Stablecoins, aka Deposit Tokens, Says DAAA’s Bernard Blaha
4.7.2023
In an interview with Cryptonews, Bernhard Blaha, co-founder of the Austrian Digital Asset Association (DAAA) and CEO of decentrally governed organization (DGO) The People's SCE, discussed the new type of digital coin: deposit tokens.
He explained the key differences between deposit tokens...
EU finalizes Data Act with a kill switch for smart contracts: Law Decoded, June 27–July 3
3.7.2023
European Union lawmakers have agreed to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community
The EU’s AI regulations sparked a letter signed by 160 tech execs
30.6.2023
As the EU works on its upcoming AI bill, executives from 160 companies in the industry drafted an open letter on the implications of too strict regulations
European Banks to Disclose Exposure to Crypto Assets
29.6.2023
Banks in the European Union will have to disclose their exposure to cryptocurrencies, EU institutions announced. The obligation will be introduced under a deal to implement globally agreed regulatory standards meant to improve the resilience of the financial institutions. Deal Reached to Finalize...
European Commission aims for universal acceptance with Digital Euro proposal
28.6.2023
With this move, the European Commission aims to open up the payments market that has been controlled by banks, Visa and Mastercard
EU finalizes controversial smart contract kill switch rules under Data Act
28.6.2023
The Data Act was first proposed in early 2022 and passed by the European parliament on March 14
AX1 Syndicate Research on Global Regulatory Dynamics for Crypto
27.6.2023
PRESS RELEASE. The AX1 syndicate has conducted an in-depth review of the latest legal developments in the cryptocurrency space, with particular attention to the regulations, exchanges, and tax implications for both the European Union and the United States. This review aims to illuminate...
Binance reverses decision to delist privacy coins in Europe
26.6.2023
Binance said after carefully considering feedback from the community and several projects it revised operations to comply with EU standards