Search
Today in Crypto: BlockFi to Liquidate Platform as Selling It Wouldn’t Generate Enough Value, Justin Sun Fires a Round of Accusations at Huobi Founder’s Brother, Digital Yuan Enters Vietnam Border Region
16.5.2023
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: BlockFi to Liquidate Platform as Selling It Wouldn’t Generate Enough Value, Justin Sun Fires a Round...
EU Council approves MiCA for clear crypto regulation
16.5.2023
European Union Council finance ministers vote to adopt the continent’s Markets in Crypto-Assets legislation following unanimous approval of new legal frameworks
MiCA: A Catalyst for Increased VC Funding in European Crypto Startups
15.5.2023
The European Union’s new regulatory framework for crypto, MiCA, will make European crypto startups far more attractive to investors, one expert has argued.
Writing on Twitter last week, Patrick Hansen, Director of Strategy and Policy at USDC-issuer Circle, said that “the MiCA effect” can already...
De-Risking or Decoupling? China- US Bilateral Trade Falls More Than 10% This Year
15.5.2023
Analysts have criticized the new ‘de-risking’ strategy that the U.S. is currently using against China, explained by U.S. National Security Advisor Jake Sullivan in April, clarifying that national security was over economic costs. These de-risking policies might affect bilateral trade...
G7 Nations Discuss Countering China’s ‘Economic Coercion’
14.5.2023
The Group of Seven (G7) countries are discussing ways to counter China’s “economic coercion” against other nations, U.S. Treasury Secretary Janet Yellen has shared. Noting that Canada, France, Germany, Italy, Japan, the U.K., and the European Union share similar concerns,...
US SEC’s Hester Peirce Says European Regulation MiCA Could Serve as a “Model” for the US
12.5.2023
Republican leader at the US Securities and Exchange Commission said Europe’s legislation to regulate cryptocurrency could be a model as the country grapples with how to write rules for the industry.
SEC Commissioner Hester Peirce, also nicknamed “Crypto Mom,” spoke at a Financial Times live event...
Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says
12.5.2023
Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority slowed the pace of its rate hikes last week while indicating that it’s still early for a pause....
European Banking Authority May Veto Large Stablecoins During MiCA Approval Process
12.5.2023
The chair of the European Banking Authority (EBA), José Manuel Campa, has argued that central banks should veto stablecoins if they have fears the private, permissionless blockchains and crypto projects could threaten monetary policy.
"Central banks should have the power to veto the widespread...
EU AI Act updated with public facial recognition ban
11.5.2023
Regulators in the EU concluded another round of voting which added a new ban on the public use of biometric surveillance into its forthcoming AI Act
EU Could Veto Large Stablecoins During MiCA Approval Process, Regulator Signals
11.5.2023
The European Banking Authority doesn’t want private crypto initiatives to threaten monetary policy privileges
3 takeaways from the European Union's MiCA regulations
11.5.2023
The European Union’s Markets in Crypto-Assets regulation could stifle innovation and increase compliance costs for the crypto industry
ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde Says
5.5.2023
The European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from previous increases. However, as inflation in the euro area remains persistently high, future rate hikes may still be expected with the regulator insisting it will continue to seek a “timely...
French Senate proposal would allow influencers to promote cryptocurrency
3.5.2023
The senate’s proposal comes just months after the National Assembly floated legislation banning influencer advertising for crypto products and services
First Mover Americas: BRC-20 Tokens Skyrocket
2.5.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for May 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
European Union pushes forward with first AI framework: Law Decoded, April 24–May 1
1.5.2023
High-risk tools will not be banned entirely, though they will be subjected to stricter transparency procedures
Liechtenstein adapts blockchain laws to developing crypto landscape
1.5.2023
Future regulation is intended to ensure uniform regulation for all European countries and covered participants
First Mover Americas: Bitcoin Ending Week on Positive Note
28.4.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for April 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
ChatGPT, Midjourney, other AI tools to make their way into EU legislation
28.4.2023
The bill will classify the risk of AI tools and force developers of generative-AI applications to disclose the use of any copyrighted materials
European bankers on digital euro: 'ECB has no interest in users’ personal data'
28.4.2023
While anonymity still stands as the core issue of European CBDC, the inevitable competition with private banks also raises questions
‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says
27.4.2023
Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases will depend on the economic data but this is still not the right time to stop, according to Philip Lane who believes the bank has...