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Europarliament approves Data Act that requires kill switches on smart contracts
14.3.2023
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
8.3.2023
Margrethe Vestager, the executive vice president of the European Commission, stressed the need to anticipate and plan for changes in technological advancements
Solana faces 'lack of appetite' from US regulators, says Austin Federa
3.3.2023
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
25.2.2023
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
16.2.2023
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
15.2.2023
The sandbox will match up public and private sector projects with the appropriate participating regulators for assessments and consultations
EU Banks Told By Regulator to Apply Bitcoin Caps Even Before They Become Law
15.2.2023
The European Central Bank, which supervises big euro area lenders, said crypto should be treated as a risky asset
Proposed EU parliament rule could have banks apply 1,250% risk weight to crypto exposure
13.2.2023
The proposed rule change, putting crypto at one of the highest risk ratings at financial institutions, could go into effect until December 2024
Nintendo Announces 10 Percent Pay Raise For Devs Despite Lower Profits
7.2.2023
Nintendo announced a 20 percent Switch sales drop in its latest financial report, but still plans to institute a 10 percent pay raise, the company told investors Tuesday. While it’s unclear if that hike will trickle down to temporary contractors at the Mario maker’s North American headquarters...
UK Crypto Rules Set a Modest Post-Brexit Divergence From the European Union
3.2.2023
The industry is keenly watching divergences from Brussels in areas like stablecoins, lending and bitcoin disclosures
Crypto goes without any mention in the 2023 Union Budget
2.2.2023
Several announcements made during the presentation of the 2023 Union Budget are being debated over the internet. One of them is the kind of relief that the Indian crypto industry was expecting but did not get. A boost to the 5G network, artificial intelligence, and green hydrogen made a lot...
India Highlights Need for ‘Common Approach to Regulating Crypto Ecosystem’
1.2.2023
India’s Finance Ministry has highlighted the necessity for “a common approach to regulating the crypto ecosystem” in its flagship Economic Survey this year. “Crypto assets are self-referential instruments and do not strictly pass the test of being a financial asset because...
Opinion: Should Bored Ape buyers be legally entitled to refunds?
30.1.2023
It isn’t clear whether a 25-year-old European Union law means you should be allowed to get an unlimited number of refunds on your NFTs
Guy Gets Saved From Being Fired Over Gaming On The Job In The Best Way
26.1.2023
The union-oriented Twitter account Daily Union Elections asked the world in a recent tweet, “Union folks, what is the best grievance/[Unfair Labor Practice] that you’ve ever won?” And the world responded in kind. As a proud union girl myself, I thought a few stories stood out, but one came up above...
‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament
26.1.2023
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 enter into force in January, 2025. EU Legislators...
MiCA at the Door: How European Crypto Firms Are Getting Ready for Sweeping Legislation
24.1.2023
Adapting how crypto exchanges operate under the new regulation won’t be easy, but it might make it easier for them to get bank accounts in Europe, says Anna Baydakova
EU lawmakers vote for more restrictive capital requirements on banks holding crypto
24.1.2023
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
Blizzard Boston Devs Blame Boss For Torpedoing Union
24.1.2023
Workers at Proletariat Studio, also known as Blizzard Boston, won’t be unionizing after all. The Communications Workers of America Union announced on Tuesday that it will pull its petition for a union election, and blames Proletariat CEO Seth Sivak for treating workers’ organizing efforts as...
Kenyan Fintech Kwara Raises $3 Million in Seed Extension
22.1.2023
A Kenyan fintech that digitizes credit unions, Kwara, is reported to have raised $3 million via a seed extension round that was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round brings to $7 million the amount of capital that the fintech has now raised via this funding round....
The Last Of Us’ Original Co-Director Unhappy Over HBO Show Credits Snub
19.1.2023
Bruce Straley hasn’t been at Naughty Dog for six years, but the game director behind the original PlayStation 3 version of The Last of Us isn’t happy about his lack of credit in the HBO adaptation that began airing this week.Read more