Eurosystem Approves New Oversight Framework Concerning Crypto Services

The monetary authority of the euro area, the Eurosystem, has introduced a new framework for overseeing electronic payments, including services related to crypto assets. The new set of rules will complement upcoming EU regulations for cryptocurrencies and stablecoins. ECB Aims for

Onecoini ohvrid esitavad Bulgaariale avalduse varade arestimise ja hüvitise saamiseks

A lawyer representing investors defrauded by the notorious crypto scam Onecoin has urged authorities in Bulgaria to act on the case, claiming that theworlds largest pyramid schemeis still operating from the country. In a petition with the Bulgarian Constitutional

BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Aruanne paljastab

As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to

Italian Payments Giant Nexi Involved in Digital Euro Project

Nexi, a leading European payments company, is reportedly giving advice to the European Central Bank (EKP) related to the digital euro project. The announcement was made by Nexis CEO Paolo Bertoluzzo, who also gave his opinion about the future of central

BIS Asks Central Banks to Urgently Develop CBDCs to Compete With Crypto Assets

The head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has urged central banks to act now on central bank digital currencies (CBDC-d) to compete with initiatives in the private sector, including cryptocurrencies. “CBDCs will take years to