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EU
French AMF Officials Take Pride as U.S. SEC’s Crypto Campaign Stutters With XRP Ruling
MiCA, which lets wallet providers and exchanges operate across the EU with a single license, “will allow this sector to go to the next gear in terms of regulatory requirements,” said Marie-Anne Barbat-Layani, adding that France’s…
EU’s Data Act Still Contains Controversial Smart Contract Kill Switch, Despite Lobbying by…
Negotiators said they had struck a deal on the controversial text on June 28, shortly after organizations linked to numerous blockchains, including Stellar, Polygon, NEAR and Cardano, expressed their concerns in an open letter, but no…
It’s Time for a European Stablecoin
For a long time, this might have been a hurdle compared to other, more lax, regulatory environments. However, recent crypto crackdowns in the U.S. have shown that, while MiCA might be more strict on the issuance of stablecoins, it has…
EU’s ESMA Issues First Batch of Detailed Crypto Rules Under MiCA Law
Consultations cover authorization and conflict of interest rules for crypto companies under the landmark digital assets law
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EU’s Leaked Metaverse Strategy Proposes Regulatory Sandbox, New Global Governance
Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said.
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EU Metaverse Strategy Set to Examine Privacy, Competition and Rights
Grady, who also leads the technology practice at consultancy Fourtold, points to the commission’s 2018 strategy on Artificial Intelligence – which, though it did little more than promise a stakeholder alliance and reinterpreted liability…
Saxo Bank Ordered by Danish Financial Watchdog to Shed its Crypto Holdings
"Saxo Bank A/S' trading in crypto assets for its own account has taken place in order to cover risks in connection with the offering of other financial products," the statement said. "However, this does not change the fact that the…
Slovakian Crypto Tax-Cutting Bill Passes National Parliament
Lawmakers wanted to see a 7% rate for crypto held longer than a year
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ECB to Start Exploring DLT for Wholesale CBDC Settlement in 2024
The central bank is looking at how it can innovate in settling transactions between financial institutions for securities or foreign exchange, while also developing plans for a retail central bank digital currency (CBDC), the digital…
EU’s Controversial Data Act Finalized by Negotiators Despite Protest From Web3 Industry
“With the adjustments made to the text we are no longer addressing smart contracts in general but make this regulation applicable specifically to the execution of contractual clauses in the context of data sharing,” Damian Boeselager, a…