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EU Agrees on Landmark Crypto Authorization Law, MiCA
30.6.2022
The world’s third biggest economy wants the Markets in Crypto Assets Regulation to protect investors and set up strict standards for stablecoin issuers
EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies
30.6.2022
European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activities potentially involving digital assets. The progress comes as the Union seeks to comprehensively...
ECB Chief Lagarde: Crypto and Defi Could Pose ‘Real Risks’ to Financial Stability
24.6.2022
The president of the European Central Bank (ECB), Christine Lagarde, says crypto assets and decentralized finance (defi) have the potential to pose “real risks” to financial stability. She has some regulatory suggestions to supplement Europe’s Markets in Crypto Assets...
EU Nears Agreement on Crypto Regulations, Report Reveals
12.6.2022
Authorities in the EU are moving closer to a deal on a legislative package tailored to comprehensively regulate the crypto market and related activities in Europe. According a media report, an agreement on the key legislation is likely to be reached as early as this month. Deal on EU Crypto...
Anime Expo Drops Attendee Vax Proof, Negative Covid Test Requirements
9.6.2022
Today, Anime Expo, the “largest celebration of Japanese pop culture in North America” announced an update to its covid health and safety protocols that disappointed many voice actors, cosplayers, and artists alike.Read more
EU Regulator Warns Soaring Inflation Could Drive Investors to Crypto — Calls for Unified Regulatory Framework
1.6.2022
Europe’s top securities regulator has warned that soaring inflation could drive investors to cryptocurrencies. Stressing that there is “an imbalance” in how each EU country deals with crypto, the regulator calls for a common regulatory framework across European countries....
European Commission Has ‘Serious Doubts’ About Markets in Crypto Assets Draft, Report Reveals
13.5.2022
The European Commission disagrees with some provisions in the crypto regulatory proposal approved recently by the European Parliament. The executive arm in Brussels is unhappy with certain anti-money laundering measures, according to a media report quoting unofficial correspondence. European...
NFT Issuers Could Have to Centralize and Register Under EU's MiCA Rules, France Warns
5.5.2022
The EU bill would also tackle decentralized finance and bitcoin's energy use
Bank of Spain Report Warns About Cryptocurrency Usage and Its Effect on Financial Stability
27.4.2022
The Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects it might have on the financial stability of the nation. In the document, the bank explains that these assets — which ostensibly don’t have any kind...
Crypto Businesses Ask 27 EU Finance Ministers to Loosen Disclosure Requirements
23.4.2022
Forty-six European crypto businesses and organizations have asked finance ministers in 27 European countries to loosen some regulatory requirements for the crypto industry. For example, they asked for decentralized finance (defi) projects to be excluded from the requirements to register as legal...
Emmanuel Macron on crypto: 'I don't believe in a self-regulated financial sector'
22.4.2022
In an interview, the sitting French president voiced his support for MiCA regulation and the digital euro project
'Let’s build a Europe where Web3 can flourish:' Crypto companies sign an open letter to EU regulators
20.4.2022
Industry representatives call the authorities not to go beyond the scope of the FATF Travel Rule recommendation
EU Designates ESMA as Crypto Regulator of the Region in Latest MiCA Draft
9.4.2022
The Parliament of the EU has designated ESMA, the European Securities and Markets Authority, the top cryptocurrency regulator of the region in the latest draft of MiCA, the Markets in Crypto Assets regulation. The European organization would have the task of licensing crypto-related institutions...
EU Lawmakers Back Regulation Threatening Unhosted Crypto Wallets, Defi Space
1.4.2022
Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance (defi) sector in the EU. Some of its provisions, which are yet to be coordinated with other European institutions, aim to introduce restrictive measures for transactions...
EU's MiCA Bill to Enter Next Phase of Negotiations on Thursday
30.3.2022
The landmark Markets in Crypto Assets legislative framework will now be discussed between the European Parliament, Council and Commission
European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision
27.3.2022
The Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next stage of the EU’s legislative process. Proponents of a controversial text prohibiting proof-of-work (PoW) cryptocurrencies, which was recently dropped from the draft...
EU Institutions to Continue MiCA Discussions Without Bitcoin Mining Ban Proposal
25.3.2022
As the European Parliament continues its work on the crypto-focused MiCA regulation, Stefan Berger, a German member in charge of shepherding the legislation, has announced that his mandate to lead inter-institutional talks on MiCA was not scrapped -- thus advancing the regulation towards...
EU's MiCA Bill Moves Forward Without Bitcoin Limiting Provision
25.3.2022
The EU's landmark legislative package for governing crypto assets is moving on to the next stage of negotiations without the divisive provision seeking to restrict the use of proof-of-work crypto
MiCA Could Still Be Delayed by EU Parliamentarians Over Proof-of-Work Provision
23.3.2022
EU parliamentarians that supported the controversial provision seeking to limit proof-of-work crypto could make one last stand if the MiCA draft goes for a full parliamentary vote
Ombudsman Receives Complaints About Crypto Investments in Spain
22.3.2022
The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees...