Tag: EU
European Parliament Adopts Anti-Money Laundering Rules Package That Will Also Regulate Crypto
The new measures also seek to give people or entities with "legitimate interest," including journalists, media professionals, civil society organizati [...]
EU Markets Watchdog ESMA Flagged MEV as Market Abuse Under MiCA, Drawing Concern From Crypto Industry
MEV is often called an "invisible tax" on users, since certain methods for extracting it, like sandwich attacks and frontrunning, can eat directly int [...]
European Securities and Markets Authority (ESMA) Steps Closer to Finalizing Rules Under MiCA
The European Securities and Markets Authority's (ESMA) report, which follows a consultation last year, includes proposals on information the regulator [...]
EU Lawmakers Vote for Three Major Texts in Anti-Money Laundering Package That Also Targets Crypto
Lawmakers voted 71 in favor (four abstentions, nine against) for the provisional agreement on the regulation for the prevention of the use of the fina [...]
EU Regulators Publish Batch of Draft Rules for Stablecoins Under MiCA
The RTS published lays out the “requirements, templates and procedures complaints received by issuers” of what MiCA defines as asset reference tokens [...]
Sweden’s Central Bank Chief Wants 'as Little Bitcoin as Possible' in Country's Financial System: Bloomberg
Sweden's central bank governor said he wants "as little bitcoin as possible in the Swedish financial system."
www.coindesk.com [...]
EU Parliament Approves New Sanctions Laws That Also Apply to Crypto
"The new law sets consistent definitions for violations, including not freezing funds, not respecting travel bans or arms embargoes, transferring fund [...]
Frankfurt to Host New EU Money Laundering Watchdog Tasked With Monitoring Crypto
"We're mitigating risks linked to large sums of money with an EU-wide limit of 10,000 euros for cash payments. At the same time, we're addressing risk [...]
Upcoming High-Level EU Financial Policy Talks Could Steer Crypto Oversight: Source
The FSC, designed to promote policy coordination between EU states, is seeking feedback from its members on priorities and challenges for the next fiv [...]
Crypto Industry Cautiously Welcomes Agreement on New EU AML Rules
Customer due diligence requirements for crypto firms may be more stringent than for banks, policy watchers told CoinDesk.
www.coindesk.com [...]
Industry Input ‘Really Important’ to Stablecoin Rulemaking Under MiCA, EU Banking Officials Say
“We pay high attention to this batch and need also a very good understanding with you, so please seize this public hearing as an opportunity to dialog [...]
ECB Shows It’s Serious About Enabling Offline Use of Euro CBDC
The $1.3 billion may seem like a lot of money, but what the ECB’s asking for is no mean feat, Jonas Gross, chairman of industry group the Digital Euro [...]
European Banking Authority (EBA) to Probe Deeper Into Crypto-Bank Contagion Possibility: FT
Concern over contagion has triggered the need to "dig deeper into the links between banks and other financial firms," José Manuel Campa, EBA chair, sa [...]
European Blockchain to Get Boost Under Belgium’s EU Council Presidency, Digital Minister Mathieu Michel Says
“We are really bringing a lot of attention to privacy, but also transparency, control of the data. And with the blockchain, there is a technical aspec [...]
Crypto Firms That Act Like Banks Should Be Regulated Like Them, ECB Official Says
If a crypto firm starts acting like a bank, it should be regulated like one, which won't be easy, said Andrea Enria, chair of the supervisory board at [...]