Search
Key EU Parliament Committee Approves MiCA Deal to Regulate Crypto
12.10.2022
European Parliament’s economic committee has backed the adoption of the comprehensive Markets in Crypto Assets (MiCA) regulation. It has also supported the introduction of rules for tracing cryptocurrency transfers, part of the latest EU anti-money laundering push. European Union’s MiCA Crypto...
Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils
11.10.2022
Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese lawmakers, signals a change in the EU nation’s positive attitude towards crypto assets. Government...
European Authorities Want Automated Software to Monitor DeFi Activity on Ethereum Blockchain
11.10.2022
The European Commission, the EU’s executive branch that proposes legislation and implements decisions, is digging deeper into decentralized finance (DeFi) – and is looking to study Ethereum (ETH) data to do so.
The Commission has submitted a document per which it seeks, as it says,
“A pilot...
Spanish Crypto ATM Company Bitbase Eyes European and Latam Expansion
11.10.2022
Bitbase, a Spanish cryptocurrency ATM company, is planning to keep expanding its services in 2023. The company, which received investments from Dextools and Woonkly, two Web3-based decentralized companies, aims to reach 200 cryptocurrency ATMs installed in Spain. Bitbase is also working to obtain...
It’s legislation season in the EU: Law Decoded, Oct. 3–10
11.10.2022
In one week, the EU institutions voted in favor of a crypto-friendly resolution and promoted MiCA to the next stage
European Parliament Committee passes MiCA crypto framework in landslide vote
10.10.2022
Members of the committee passed the crypto framework policy in a vote of 28 in favor and one against, with a final vote expected with the full Parliament soon
BNB Chain to boost European Web3 startups with DApp incubator program
10.10.2022
The incubator program focuses on EU-based startups building the next generation of Web3 consumer experiences with an emphasis on accessibility and scalability
Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions
10.10.2022
Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform Dapper Labs Conforms...
Latest EU Sanctions Expected to Stimulate Russia’s Own Crypto Market, Exchanges Maintain Services
9.10.2022
The new crypto sanctions imposed by the European Union are likely to spur the development of the country’s digital asset market, according to a Russian lawmaker. Anatoly Aksakov, who chairs the parliamentary Financial Market Committee, believes Russians will manage to bypass...
EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation
7.10.2022
An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscow’s decision to annex Ukrainian territories. EU Council Adopts...
European Lawmakers Urge for Crypto Taxation, Use of Blockchain to Fight Evasion
7.10.2022
Members of the European Parliament have called for “effective taxation” of crypto assets and “better use of blockchain” to counteract tax evasion. A resolution aiming to achieve both objectives has been approved by a large majority which also wants small crypto traders...
EU regulators ban cross-border payments from Russian crypto accounts
6.10.2022
In a statement on Thursday, regulators in the European Union banned all crypto-asset wallets, accounts and custody services from Russia
EU Council Endorses Markets in Crypto Assets (MiCA) Legislation
6.10.2022
Council of the EU, one of the European Union’s legislative bodies, has approved the proposed regulatory framework for the European crypto space. It’s now up to European lawmakers to approve the Markets in Crypto Assets package before its final adoption. Comprehensive Crypto Regulation...
European Council Passes MiCA Crypto Regulation – A Turning Point for Crypto Landscape
6.10.2022
The European Council on Wednesday passed the new MiCA crypto regulation, by many seen as a turning point for Europe’s crypto industry.
The new bill, with the full name Markets in Crypto-Assets (MiCA), has now been voted through the European Council, but still needs to pass an additional vote...
EU Council approves MiCA text, proposal moves to Parliament for vote
5.10.2022
The Council's Permanent Representatives’ Committee chair confirmed that the MiCA framework would go through “should the European Parliament adopt its position at first reading."
European Regulator Lists What is Needed for 'Responsible Crypto Sector'
5.10.2022
More dialogue between the crypto industry and supervisors, consumer education, “rigorous compliance,” and even a “mind shift” for some crypto firms are necessary for creating a “responsible” crypto sector, said José Manuel Campa, chairperson of the European Banking Authority (EBA)....
Read More:...
European Parliament members vote in favor of crypto and blockchain tax policies
4.10.2022
The resolution recommended authorities in the parliament's 27 member states consider a “simplified tax treatment” for crypto users involved in occasional or small transactions
S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy
2.10.2022
Today’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s analysts believe...
Latest EU Sanctions to Restrict Russians’ Access to Crypto Services in Europe, Report Unveils
1.10.2022
New sanctions discussed by EU member states amid the current escalation of the conflict in Ukraine are going to restrict European crypto services for Russians. Reports about the tightening have come after earlier this year the Union banned only “high-value” crypto-asset services...
The 'Brussels Effect' wields real influence over US crypto regulation
30.9.2022
The European Union is leading the way when it comes to global cryptocurrency regulations