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European Union AI Act passes in parliament
14.6.2023
Member states will have the opportunity to negotiate final details before the act becomes law
Crypto Assets Should Be Classified as Securities, Says European Parliament Study
2.6.2023
A study commissioned by the European Parliament has proposed that all crypto assets should be treated as transferable securities by default.
To avoid being classified as a security, the study’s authors proposed that the intermediary behind a crypto asset can get an exemption from a national...
Today in Crypto: EU Has Option to Deem All Crypto as Securities by Default, Georgia to Launch Mandatory Supervision of VASPs, Bitget is the 'First Exchange' to Support an EVM-Compatible Address
1.6.2023
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: EU Has Option to Deem All Crypto as Securities by Default, Georgia to Launch Mandatory Supervision...
Italian senator provokes parliament with AI-generated speech
1.6.2023
A senator in Italy utilized OpenAI’s GPT-4 to generate a speech during a parliamentary meeting in order to spark a “serious debate” about the technology
Treat Crypto as Securities by Default, European Parliament Study Says
1.6.2023
Landmark new crypto laws under MiCA may have few short-term benefits without further steps, the report commissioned by EU lawmakers says
UK Parliament's Treasury Committee Calls for Cryptocurrency Regulation, Citing Gambling-Like Risks
23.5.2023
The UK Parliament’s Treasury Committee has called for unbacked cryptocurrencies to be regulated in the same way as gambling, saying speculation in these assets “more closely resembles gambling than it does a financial service.”
“Regardless of the regulatory regime, their price volatility...
South Korea's Ruling Party Calls to Expedite Bill on Lawmakers' Crypto Disclosures: Report
23.5.2023
The leader of South Korea's ruling People Power Party wants a new bill requiring lawmakers and high-level government officials to declare their cryptocurrency-related assets to be implemented within two months
South Korean Politician Quits Party Over Crypto Scandal
15.5.2023
A member of the South Korean parliament is leaving his party amid mounting allegations of massive crypto investments inconsistent with his frugal public image. The controversy, which has caught the attention of the Korean society, involves accusations of conflict of interest and other...
Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says
14.5.2023
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital assets in cross-border settlements, the official noted. Russian Legislature...
Alchemy Pay: Bridging the Global Economies of Fiat and Cryptocurrencies
26.4.2023
On April 20th, The European Parliament approved the first comprehensive crypto regulation EU-wide, the Markets in Crypto-Assets (MiCA). In the same day, a separate law, the Transfer of Funds regulation, was passed, requiring crypto operators to confirm the identity of their customers in order...
Don’t Cap Digital Euro Holdings, European Parliament Study Says
26.4.2023
The paper turns on its head conventional wisdom that limits are needed to avoid supplanting the banking system
ECB’s Panetta Reinforces Digital Euro Focus on Payments
26.4.2023
Fabio Panetta, a member of the executive board of the European Central Bank (ECB), announced the digital euro project was entering its final phase. Before the committee on economic and monetary affairs of the European Parliament, Panetta stated that the digital euro, if approved, would be focused...
Lawmakers Could Still Nix Digital Euro, ECB’s Panetta Says
24.4.2023
The ECB wants the CBDC to be universally accepted, and usable by those without bank accounts, the central banker said
Ukraine to Adopt Europe’s Crypto Rules, Clarifies Taxation
23.4.2023
Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has issued a clarification regarding the taxation of income resulting from cryptocurrency transactions....
EU Parliament Greenlights Markets in Crypto Assets Law, Tracing Rules
21.4.2023
Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators also backed the introduction of mechanisms allowing the tracing of cryptocurrency transactions which will also apply to private crypto wallets above a certain...
EU Crypto Industry Applauds MiCA – But Looks to What’s Next
21.4.2023
A Thursday vote sealed the deal on the long-awaited crypto law, but there’s still plenty of details to settle
What’s next for EU’s crypto industry as European Parliament passes MiCA?
20.4.2023
What is the potential impact of MiCA on the EU crypto and blockchain market, and what other regulations can be expected for this rapidly evolving industry?
The European Parliament adopts crypto-focused MiCA legislation
20.4.2023
After that the legislation, introduced for the first time in 2020, should grant approval from the European Council to be published as an effective regulation
EU Parliament Approves Crypto Licensing, Funds Transfer Rules
20.4.2023
The vote clears the way for landmark MiCA regulation to take effect in 2024
European Parliament report recommends researching, but not launching, digital euro
19.4.2023
A European economist has found that a digital euro would be a problem without a solution; just wait and see, he suggested