European law enforcement unravels digital asset scam ring
The raid resulted in the seizure of $1 million worth of digital assets, luxury apartments, and three cars, with over 250 suspects interviewed by police.
Latest Europe News
A boost for blockchain infrastructure as EU passes Digital Decade policy program
Initially proposed by the European Commission in March 2021, the policy program sets up a monitoring and cooperation mechanism to ensure the EU is progressing toward its key targets.
European financial regulators call for increased regulation of digital asset
The Financial Stability Board has previously adopted a passive stance on the asset class, stating that while digital assets are inherently risky, they do not pose significant risks to the broader financial markets.
UAE attracts blockchain firms in Asia, Europe with financing and residency
The kingdom of United Arab Emirates has set up an ambitious goal to become a global blockchain hub, searching for talents in Asia and Europe as competition with Gulf neighbors in the industry heats up.
Norway weighs scrapping subsidized electricity prices for block reward miners
The Minister of Finance in Norway proposed reverting to the original power prices for BTC miners after the 2016 subsidy as the country faces an energy crisis.
EU bans all digital asset transactions to Russia
Digital asset transactions from Europe to Russia had been capped at $9,900, but the European Union says there was still some level of activity, necessitating the total ban.
European Parliament agrees on new laws covering stablecoins, unbacked digital assets and exchanges
The effort signifies the European Union’s renewed urgency in ensuring that European law addresses issues posed by digital assets.
Germany’s DZ Bank to offer custodial services for the digital euro, other virtual assets
Seeking to address client demands amid soaring digital asset adoption rates, DZ Bank will offer custody services from scratch that will be closely affiliated with wholesale CBDCs.
EU seeks to simplify digital asset tax rules and streamline collection
The European resolution calls for a "clear and broadly accepted definition of crypto assets and for a coherent definition of what would constitute a taxable event."
EU banking regulator concerned about finding staff to oversee digital assets: report
European Banking Authority chairman José Manuel Campa envisions challenges in hiring and retaining the specialized staff that will be needed as there is high demand for such talent across the market.
Andorra’s ‘Digital Assets Bill’ to regulate digital assets and create CBDC
The proposed Digital Assets Bill lays the legal framework for the government to launch its own token and regulate private digital assets in the country.
ECB bulletin reveals climate concerns, Tether tail risks and DeFi lies
ECB's Macroprudential Bulletin takes a closer look at stablecoins, DeFi, and climate risks associated with ‘crypto-assets.’