Category: EU

European Banking Authority Concerned About Hiring Talent to Oversee Crypto Space

Europa’s banking sector regulator is worried it wont manage to find the specialized personnel needed for the oversight of the EUs attempt to regulate the crypto market. The authority is also concerned over the lack of clarity regarding which digital assets......

ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto

Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making the case for a digital euro. The executives have marked key......

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

Two months after the Russian ruble fell below a U.S. penny, the transcontinental countrys fiat currency is the best performing currency worldwide. American economists are baffled by theunusual situationbecause a country facing stiff sanctions typically sees its fiat currency......

ECB Survey Finds 10% of Eurozone Households Own Crypto Assets

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......

Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations

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 thecarefuluse of cryptocurrencies, he added. Government......

Crypto Businesses Ask 27 EU Finance Ministers to Loosen Disclosure Requirements

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......

Ukraina strävar efter medlemskap i European Blockchain Partnership

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 lawOn Virtual Assetsopens the way for the country to become a blockchain leader on......

MiCA-ändringar som föreslås i sista minuten återupplivar hotet om EU-förbud mot Bitcoin, Rapport avslöjar

Changes to the EUs 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......

Förbud mot arbetsbevis togs bort från Europas föreslagna kryptoförordning

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......