Tag: EU
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 [...]
Public Hearing on Digital Euro Shows EU Far From Reaching Consensus on CBDC
“The arguments on balance today would not favor such a decision to issue a CBDC in my view,” said Italian economist Ignazio Angeloni, who wrote a pape [...]
European Central Bank CBDC Can End Bank Crises, Better Than Deposits, Says Former Bank of Spain Chief Ordóñez
"Digital euros are euros, but bank deposits are not euros. Deposits are just promises to pay euros, and if banks can't fulfill those promises, then yo [...]
EU Parliament’s Internal Market Committee Seeks to Reduce Dependency on Other Countries With Metaverse Strategy
"Europe cannot afford to lag behind in the next digital revolution nor can we repeat past mistakes," said Pablo Arias Echeverría, the rapporteur sheph [...]
The Global Movement to Promote Crypto Tax Transparency — What You Need to Know
In Europe and the U.S., there are a host of initiatives placing new requirements on participants in digital asset markets to report on transactions an [...]
EU Banking Watchdog Issues Draft Liquidity Rules for Stablecoin Issuers
Three consultations on relevant rules will run until Feb. 8, 2024, the European Banking Authority has said.
www.coindesk.com [...]
Robinhood (HOOD) to Expand Cryptocurrency Trading Into EU
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Spain Brings Forward MiCA Crypto Rules by Six Months After EU Pressure
The rules introduce tough consumer-protection measures for crypto firms, and in principle kick in at the end of next year for companies seeking a new [...]
Controls on Major Crypto Shareholders Set Out by EU Banking Regulators EBA and ESMA in MiCA Consultations
New European Union laws known as the Markets in Crypto Assets regulation, MiCA, due to take effect in December 2024, require prospective crypto licens [...]
SEC investigating Illumina over Grail acquisition
A building on the campus at the world headquarters of Illumina is shown in San Diego, California, Sept. 1, 2021.Mike Blake | ReutersThe U.S. Securitie [...]
Illumina hit with record EU fine over Grail deal
Rafael Henrique | Lightrocket | Getty ImagesEuropean Union regulators on Wednesday fined Illumina a record 432 million euros ($476 million) for closin [...]
EU expands Ozempic probe over suicide risks
In this photo illustration, boxes of the diabetes drug Ozempic rest on a pharmacy counter in Los Angeles, April 17, 2023.Mario Tama | Getty ImagesThe [...]
Ukraine’s forex reserves hit record high of nearly $39 billion
KYIV, July 6 (Reuters) - Ukraine's foreign exchange reserves have reached a record high of nearly $39 billion thanks to financial support from Western [...]
EU top court backs consumers in Polish FX mortgage case
WARSAW, June 15 (Reuters) - The European Union's top court on Thursday backed Polish borrowers with Swiss franc-denominated mortgages in a long-runnin [...]