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International financial group finds gaps in digital euro legislative package
20.9.2023
The Institute of International Finance looked at seven areas where digital euro legislation, which is being developed alongside the technology, is lacking
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...
Latvia central bank opens to fintech with ‘Innovation Hub’
19.9.2023
The Bank of Latvia has been quietly stepping up its game in providing assistance to fintech projects while employing the latest emerging technologies internally
Malta Embraces EU's MICA Regulations: Public Consultation Open Until Sept. 29
19.9.2023
On Sept. 18, Malta's Financial Services Authority (MFSA) initiated a public consultation to harmonize its crypto regulations with Europe's Markets in Crypto-Assets (MICA) regulations, slated to become effective in December 2024.
On Monday, Malta's Financial Services Authority (MFSA) initiated...
SEC accuses Binance of noncooperation, court unseals case documents: Law Decoded
18.9.2023
The legal struggle between the SEC and Binance.US continues, with the company hitting new lows in trading volume
Malta begins public consultation on revised crypto rules to align with MiCA
18.9.2023
Malta has joined France and other EU nations in revising its existing crypto regulatory policies to align with MiCA, which comes into effect in December 2024
Bosch, EU and blockchain companies to build decentralized IoT: IAA Mobility
18.9.2023
Bosch and the Peaq network explain how the future of the Internet of Things and the Economy of Things will come via decentralization and on-chain automation
EU announces initiative to fast-track supercomputer access for AI startups
14.9.2023
E.U. president Ursula von der Leyen also called for the organization of a global AI governance body during the 2023 E.U. State of the Union address
European Parliament Supports DAC8 Crypto Tax Rule by an Overwhelming Margin
14.9.2023
Lawmakers in the European Parliament have expressed support for the eighth iteration of the Directive on Administrative Cooperation (DAC8), a measure that introduces tax reporting requirements for crypto transactions.
During a plenary session held in Strasbourg, France, on September 13,...
EU parliament votes overwhelmingly in support of DAC8 crypto tax reporting rule
13.9.2023
The measure received 535 votes for with 57 against and 60 abstentions in a plenary session
Crypto ahead in fintech investments in France and Germany in 2023: Report
13.9.2023
Europe experienced a 50% fall in fintech investments in the first half of 2023
Metamask Wallet Users Can Now Cash Out Crypto to Fiat
8.9.2023
The popular Ethereum wallet Metamask has introduced a new feature allowing users to convert crypto to major fiat currencies. The “Sell” option currently supports cashing out ether (ETH) and is available to users in the U.S., the United Kingdom, and some European markets. New Feature...
E3 More Dead Than Ever As Organizers Work On 'Complete Reinvention' Of The Gaming Showcase
7.9.2023
The Entertainment Software Association (ESA), which controls E3, and ReedPop, which organizes events like PAX, announced they’re no longer working together after failing to put on the biggest gaming showcase of the year back in June. The once-annual, once-dominant trade event hasn’t been held...
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 Official Shares Digital Euro Progress, Concerns Over Paypal’s Stablecoin
7.9.2023
European Central Bank (ECB) executive board member Fabio Panetta has warned about stablecoins issued by private providers, such as Paypal. He also provided an update on the progress of the digital euro. “At the ECB, our investigation phase is now in its final stage, preparing the ground...
EU financial chief: Don't rush digital euro before new EU Comission in June 2024
7.9.2023
Mairead McGuinness believes that the CBDC project should be approached “quietly and slowly” by the next EU Commission
ETH Warsaw Sparks Poland's Rise as the Premier EU Blockchain Hub
5.9.2023
The European Union seems to have gotten its blockchain king - Poland - judging by the overwhelmingly positive feedback from the attendees of ETH Warsaw.
The conference and hackathon was held in Poland's capital between August 31 and September 3, "organized by a passionate group of local Ethereum...
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)...
Legal and Technical Hurdles Await EU's Digital Euro in Non-Euro States
5.9.2023
The European Union's (EU) upcoming digital euro may face hurdles in non-euro member states, according to a review conducted by the European Parliament.
The report, produced by the Economic Governance and EMU Scrutiny Unit, highlighted potential challenges surrounding the use of the Central Bank...
Nexo Launches a Crypto-Powered Debit and Credit Mastercard for the European Economic Area (EEA)
1.9.2023
In partnership with Mastercard, Nexo launched the world's first "Dual Mode Crypto Card," offering debit and credit functionalities for European Economic Area (EEA) citizens on August 31.
The Nexo "Dual Mode Crypto" Card offers users the ability to optimize tax responsibilities by utilizing Credit...