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European Commission Exploring Asset Register Option That May Include Crypto


Within the EU’s war against money laundering (AML) and tax evasion, the European Commission (EC) is eyeing a European Union Asset Registry, and has recently launched a tender for a feasibility study of such a register - which will investigate the possibility of including cryptoassets owned by...

ECB Vice President States Crypto Should Be Regulated Like Other Assets


European Central Bank (ECB) Vice President Luis De Guindos has stated he wants cryptocurrencies to be subject to the same rules that other assets are. The statements were offered in a presentation given as part of the summer courses offered by the European Parliament, where De Guindos declared...

Kraken Crypto Exchange Seeks EU License, Eyes Expansion in Europe


U.S.-based cryptocurrency exchange Kraken is preparing to expand operations in the European market, according to the German press. The coin trading platform is in talks with regulators and plans to acquire a license in an EU member state, its founder Jesse Powell revealed. Kraken to Enter European...

UK’s Standard Chartered to Offer Crypto Brokerage Services in Ireland


British bank Standard Chartered will offer cryptocurrency broker services in Ireland through its Zodia Custody subsidiary. The digital asset custodian will focus on signing up institutional investors in the Republic which has become a European base for many financial institutions and crypto...

eToro Called the ‘European Robinhood’


eToro is in the talks to merge with a US SPAC called Fintech Acquisition Corp. The deal has not yet been signed, but this SPAC has seen its share prices go up the last few months as it is the parent company of trading app Robinhood that completed its IPO recently. This boost in Fintech …

'Don't Be Lulled' as European Commission Mulls a Crypto KYC Trap


While the European Commission (EC) says it is not targeting non-custodial crypto wallets, their new set of legislative proposals would still affect such users and the whole nascent sector. Niklas Schmidt, a lawyer and partner with the Austrian law firm Wolf Theiss, told Cryptonews.com that “in...

Crypto Companies Establish Presence, Hire Talent in Ireland


With a friendly attitude towards financial innovation, the Republic of Ireland has become a desired destination for fintech businesses that need unimpeded access to the common European market. Cryptocurrency companies have been opening offices in the EU member state with some well-known players...

Irish Banks Hail EU’s ‘Radical’ Anti-Money Laundering Push


Banks in Ireland have welcomed an upcoming reform of the European Union’s anti-money laundering regulations that will affect the crypto space. The Irish banking industry organization voiced support for the changes aimed at disrupting illicit transactions at the union level while calling them...

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