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.
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's Macroprudential Bulletin takes a closer look at stablecoins, DeFi, and climate risks associated with ‘crypto-assets.’
Giambrone & Partners LLP law firm said that the NFT would be delivered as an airdrop to two wallets connected to the unknown defrauder of their client Fabrizio D'Aloia.
Bitcoin wallet HandCash has announced its expansion into over 30 European countries and now covers the entire European Economic Area, including Belgium, Estonia, Denmark, Germany, and many others.
While commending efforts made to regulate digital currencies in the EU's MiCA bill, the head of the European Central Bank argued that a follow-up framework focusing on the two aspects of the market is already needed.
According to the BIS, the need for the project is due to "the collapse of many stablecoins and decentralized finance (DeFi) lending platforms."
The proposals in the law include a tightening of the guidelines for user identification and a ban on anonymous accounts, and also places new obligations on digital currency exchanges.
The European Parliament and Council have finalized laws that will regulate a planned pilot project to test the use of blockchain technology for tokenized securities.
Christine Lagarde remarked that digital currencies are highly speculative and very risky assets, but backed that the central bank will be behind the digital euro.
In an opinion piece published in the Hill, Mairead McGuiness shared that digital assets offer many opportunities for innovation but still pose significant risks, especially if not regulated properly.
Fabio Panetta called the industry the Wild West, dubbed the dominant narrative in the industry "illusory," and even stated that the current bubble rises "like any Ponzi scheme."
