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European Central Bank Wraps Up Digital Euro Prototypes; Decision on Development Awaits
31.5.2023
As part of the investigation phase of its digital euro project, the European Central Bank (ECB), which serves as the European Union’s central bank, has released two reports on the institution’s market research and prototyping exercise.
The Eurosystem, which includes the ECB and the national...
The EU is watching your wallet, but it still beats the US for crypto
29.5.2023
Europe is requiring crypto wallet providers to track every move you make, but companies should still consider the region for its regulatory clarity
EU Securities Watchdog ESMA Warns of Unregulated Crypto, Gold Investment Offerings
28.5.2023
The European Securities and Markets Authority (ESMA) has issued a warning regarding investments in assets like cryptocurrencies. They will remain unregulated in most countries until the EU’s Markets in Crypto Assets (MiCA) law is enforced across the Union, the regulator pointed out. ESMA Highlights...
ECB sums up digital euro prototyping exercise as it nears possible pilot launch
26.5.2023
The European Central Bank exercise looked at a variety of use cases, most of which were quite satisfactory, as well as the use of self-custodied wallets
Crypto Exchange Gemini Selects Ireland for Its European Headquarters
26.5.2023
Crypto exchange Gemini will have a second home in Ireland after co-founder Cameron Winklevoss announced it would make Ireland its European headquarters.
Gemini, which is run by both Cameron Winklevoss and his twin Tyler, is based in New York. ...
Read More: Crypto Exchange Gemini Selects Ireland...
Today in Crypto: Gemini Chooses Ireland for European Headquarters, Coinone Exec Admits to Bribe-for-Listing Charges, Chinese's City Reveals Metaverse Policy Draft to Attract Companies
26.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Gemini Chooses Ireland for European Headquarters, Coinone Exec Admits to Bribe-for-Listing Charges...
EU regulator urges crypto firms to disclose regulatory status of products
26.5.2023
ESMA reminded investment firms that crypto will remain unregulated in most jurisdictions despite the upcoming adoption of regulations
Crypto firm Gemini picks Ireland as European base amid US crypto blues
26.5.2023
Cameron Winklevoss has predicted a “Cambrian explosion” in European innovation once regulations are rolled out
OpenAI warns European officials over upcoming AI regulations
25.5.2023
The CEO of OpenAI, Sam Altman, spoke with European officials in Brussels warning over the ramifications of over-regulation of the AI industry
EU watchdog warns about the risk of a bank run on stablecoins
25.5.2023
The European Systemic Risk Board suggests more disclosures, more monitoring to fight the risks of the crypto market
Bitcoin Climbs Past $27.4K but Remains in Holding Pattern as Investors Continue U.S. Debt Limit Vigil
23.5.2023
Ether and most other major altcoins rise slightly, even as stocks drop amid worries about whether U.S. lawmakers will reach an agreement before June 1
Regulators should focus on the benefits of crypto: European Web3 Summit 2023
23.5.2023
Irakli Beridze from the United Nations said that at the moment, people within the UN do not see crypto as a positive force but understand it as "something we should be worried about."
EU Spokesperson: Russian Banks Will Not Be Reconnected to SWIFT Anytime Soon
23.5.2023
The European Union (EU) has no intention of allowing Russian banks to be reconnected to the Society for Worldwide Interbank Financial Telecommunications (SWIFT) banking system anytime soon. Peter Stano, spokesperson for external affairs of the EU, stated that these restrictions can only be lifted...
G7 discusses crypto, supports CBDC — Law Decoded, May 15–22
22.5.2023
The European Council has approved updated rules that extend tax reporting requirements to include transfers of crypto assets
Responsible AI can create policies to help ‘better serve society’
22.5.2023
Sabin Dima, the CEO and founder of Humans.Ai, said that with the right implementation, governments could use AI to enhance public services and policies
Stablecoin survival: Navigating the future amid global de-dollarization
19.5.2023
The stablecoins with the largest market cap are pegged to the U.S. dollar, so what risk does de-dollarization pose to stablecoin users?
Italy sets aside millions for workers at risk of AI replacement
18.5.2023
Italian officials are setting aside $33 million to enhance the development of digital skills for workers at risk termination due to automation and AI
EU Council Adopts New Rules for Europe’s Crypto Markets
18.5.2023
The Council of the European Union has given its final approval to new regulations for crypto assets and markets in the EU. The decision completes a lengthy and complex legislative process for what’s considered to be the world’s first comprehensive legal framework for digital assets like bitcoin....
There's a growing case for allowing crypto firms to bypass banks
18.5.2023
Making the European Central Bank accessible to payment companies other than traditional banks would allow users to redeem their stablecoins directly for cash
Updated European tax directive requires reporting on all crypto asset transfers
16.5.2023
DAC8 extends tax reporting procedures to crypto transfers in line with the OECD crypto reporting framework and EU AML rules