European Union

MiCA is definitely a step in the right direction, but restrictions on stablecoin issuance and transactions still need work

For the US to fully realize the benefits of these new technologies, we need Congress to pass a strong legal framework for stablecoins

The EBA released a final draft of regulatory technical standards outlining how issuers should respond to holder complaints

The European Securities and Markets Authority wants to protect EU crypto firms and customers with the proposed guidelines

Several central banks hold gold, but Europe’s won’t be buying“digital gold” anytime soon

The European Commission announced on Tuesday a litany of projects it wants to pursue to advance Web4 adoption over the next several years

Europe’s markets association believes a regulatory framework must be imposed on DeFi to maintain stability in the traditional markets structures

Denmark financial watchdog warns Saxo Bank that crypto trading is unregulated until the European Union’s MiCA policy comes into effect

Binance is winding down operations in multiple EU countries, which it says is a response to the bloc’s MiCA crypto regulations

The European consumer group noted Elon Musk’s changing of the Twitter symbol to the dogecoin logo in its crypto complaint to the EU

Some legislators are hoping to get bills drafted and passed within the next two years

The deadline for firms to submit comments on the proposed amendments is August 31, 2023

The EU’s new AML provisions are akin to taking a car, removing its engine, and fastening a team of horses to prevent speeding

The US has a history of failing to look even a few years down the line when enacting reactive new legislation

A “reputable agent” separate from the bank’s crypto team will manage the stablecoin’s collateral

European members of parliament overwhelmingly voted in support with 517 for and 38 against

The European Union may be about to see comprehensive crypto regulations in the form of MiCA, which has been years in the making

The proposed regulation, which is not yet law, does not specifically target crypto but could affect DeFi

The European Investment Bank deployed a euro bond on Ethereum back in 2021, but this time it’s only using the network for record keeping

Complications around the translation into the EU’s 24 official languages has led to a two-month delay for the implementation of MiCA

Apple Web3 policy may be affected if it allows third-party app stores on the iPhone

Cryptoassets have become the “bubble of a generation,” ECB Board Member Fabio Panetta said
Get the daily newsletter that helps thousands of investors understand the markets.