Category: EU

American Economists Are Baffled by an ‘Unusual Situation’ as Russia’s Ruble Is the World’s Best Performing Fiat Currency

By June 9, 2022 Bank of Russia, Central Bank, Coal, conflict, Crude Oil, cut rate, Economics, EU, Gas, gold backed ruble, gold parity, gold ruble, interest rate, OIL, Peace Talks, rouble, ruble, ruble crash, ruble falls, ruble gold, ruble plunges, Ruble Rises, Ruble strength, Russia, russia bank run, Russia Ruble, russian bank run, russian sanctions, Sanctions, slashed rate, Ukraine, Vladimir Putin, War, Western Allies 0 Comments
Two months after the Russian ruble fell below a U.S. penny, the transcontinental country’s fiat currency is the best performing currency worldwide. American economists are baffled by the “unusual situation” because a country facing stiff sanctions typically sees its fiat currency......
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ECB Survey Finds 10% of Eurozone Households Own Crypto Assets

By May 25, 2022 Central Bank, Consumers, Crypto, crypto assets, Cryptocurrencies, Cryptocurrency, data, ECB, EU, European Union, Eurozone, Expectations, households, Legislation, News, Poll, Regulation, study, Survey 0 Comments
One in every 10 households in six eurozone countries has acquired cryptocurrencies, the European Central Bank (ECB) has found with a new survey. While the richest are most likely to own crypto assets, poor families are not far behind, the poll......
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Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations

By May 20, 2022 CBC, Central Bank, Crypto, crypto assets, Cryptocurrencies, Cryptocurrency, Cyprus, deputy minister, ECB, EU, European Union, Fintech, Government, innovations, legal framework, Regulation, Regulations, rules 0 Comments
Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia welcome the “careful” use of cryptocurrencies, he added. Government......
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Crypto Businesses Ask 27 EU Finance Ministers to Loosen Disclosure Requirements

By April 23, 2022 Crypto regulation, Cryptocurrency regulation, EU, MiCA, Regulation 0 Comments
Forty-six European crypto businesses and organizations have asked finance ministers in 27 European countries to loosen some regulatory requirements for the crypto industry. For example, they asked for decentralized finance (defi) projects to be excluded from the requirements to register as......
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Ukraine Pushes for Membership in European Blockchain Partnership

By March 30, 2022 Blockchain, Crypto, Cryptocurrencies, Cryptocurrency, EBP, EBSI, electronic services, EU, Europe, European Blockchain Partnership, European Blockchain Services Infrastructure, european commission, European Union, initiative, invasion, reconstruction, Ukraine, ukrainian, War 0 Comments
Activists and lawmakers in Kyiv are urging the EU to accept Ukraine as a member of the European Blockchain Partnership. They believe the recently adopted law “On Virtual Assets” opens the way for the country to become a blockchain leader on......
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MiCA Amendments Proposed Last Minute Revive Threat of EU Ban on Bitcoin, Report Reveals

By March 14, 2022 amendments, ban, Bitcoin, Bitcoin ban, Changes, Crypto, crypto assets, Cryptocurrencies, Cryptocurrency, draft, EU, Europe, european, European Parliament, framework, Legislation, Markets, MiCA, proposal, Regulation, Regulations 0 Comments
Changes to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording that would have prohibited coins with energy-intensive mining, some members of......
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Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation

By March 3, 2022 ban, Bitcoin, concept, Crypto, crypto assets, Cryptocurrencies, Cryptocurrency, EC, EP, EU, european commission, European Parliament, European Union, framework, Legislation, MEPs, MiCA, PoW, prohibition, Proof of Work, proposal, Regulation, Stefan Berger 0 Comments
A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move comes after the controversial provision sparked objections from the crypto community. MiCA Proposal Drops......
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Ukraine Targets Russian Politicians’ Crypto Wallets as Russian Banks Are Cut From SWIFT

By February 28, 2022 addresses, banks, Belarus, belarusian, Crypto, Crypto Addresses, Crypto Donations, crypto wallets, Cryptocurrencies, Cryptocurrency, donations, EU, Exchanges, kyiv, Moscow, News, Officials, politicians, Russia, russian, Sanctions, Swift, U.S., Ukraine, ukrainian, Wallets 0 Comments
Ukraine is now trying to expose cryptocurrency wallets used by politicians in Moscow amid warnings that Russia may employ digital coins to circumvent sanctions. The initiative comes as western allies agree to expel some Russian banks from SWIFT, the global interbank......
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