European Securities and Markets Authority brands digital currency ‘volatile’
The report views digital currency a trending innovation in finance, but also a threat to the sustainability of financial services due to its environmental impact.
Latest European Union News
Gary Gensler talks digital currency regulation with EU as Europeans call for member state rules
The new SEC chief told the Committee on Economic and Monetary Affairs at the European Parliament that advancing technologies were bringing U.S. and European markets ever closer together.
EU’s ban on anonymous digital currency transfers—a deep dive
With the implementation of the digital euro, digital identities linked to wallets, and new regulations allowing for increased oversight and enforcement, the EU will become an increasingly unfriendly jurisdiction for criminals or those who play fast and loose with the law.
EU to ban anonymous digital currency transfers
Policymakers in the European Union proposed that all companies that transfer BTC and other “crypto-assets” must collect details of the senders and recipients in an effort to crack down on crimes.
French regulator suggests ESMA should regulate digital currencies in EU
It makes sense for regulation to happen at the ESMA level, ensuring a Europe-wide framework for regulating the digital currency markets, according to a new AMF policy paper.
EU eyes new body for tackling digital currency money laundering
Documents published by the European Union show plans are already at a developed stage for the body, which would seek to enforce new rules on the transparency of digital currency asset transfers.
Irish politician calls for stronger digital currency regulations in EU
Chris MacManus, a Sinn Fein Member of the European Parliament (MEP) for Midland Northwest, said digital currency laws should be tightened across the bloc, submitting some 45 amendments to the EU.
Blockchain Policy Matters digs deeper into standardization with Pēteris Zilgalvis
Founding President Jimmy Nguyen caught up with Pēteris Zilgalvis, Head of Unit, Digital Innovation and Blockchain, Digital Single Market Directorate at DG CONNECT.
Bitcoin Association appoints Marcin Zarakowski as internal legal counsel & public policy manager
Marcin Zarakowski joins Bitcoin Association as an experienced hand in the blockchain space, making the move from the Lisk Foundation – another Zug-based non-profit operating in the blockchain technology and digital asset sector.
Blockchain-based COVID-19 vaccine passports coming to South Korea
Prime Minister Chung Sye-kyung said the vaccine passport is built on blockchain technology to ensure security from possible identity theft.
EU regulator warns investors on non-regulated digital currency risks
The European Securities and Markets Authority report said digital currencies enjoyed a surge in volumes and value over the second half of 2020, pushing some digital currencies up to all-time highs.
European Central Bank demands veto for EU stablecoins
In a formal opinion submitted to the European Commission on digital currency regulation, the ECB said lawmakers should delegate powers over regulating private stablecoins like Diem within the trading zone.