Digital currency industry melts down ahead of key EU vote on non-custodial wallets
The new rules, if passed, would apply to ‘unhosted wallets,’ those being non-custodial third-party wallets such as Ledger, Tezos, and MetaMask.
Latest European Union News
EU proposes new Regulation to enforce freedom of choice for app users
The proposed Digital Markets Act aims to restrict large tech players from herding users towards dominant platforms, where users may have less privacy or control over their own data.
The CoinGeek Pulse Episode 81: Dubai virtual asset law, EU votes vs proof of work ban, NFT breaks into mainstream
The United Arab Emirates is moving steadily forward towards becoming one of the world’s leading digital asset hubs with the first virtual asset law adopted in Dubai.
EU Parliament votes against proof of work ban
The European Parliament’s economic and monetary affairs committee has voted to exclude the provision in the Crypto Assets (MiCA) framework that would have banned proof of work mining.
EU to give digital asset oversight to new AML regulatory body: report
Germany will lead the formation of the new body and it’s expected to start operations in 2024, including oversight over Bitcoin, which the watchdog believes is prone to crime.
ESMA vice chair seeks proof of work mining ban for European Union
The top executive suggests a proof of work (PoW) mining ban as well as a switch to proof of stake (PoS) mining, which he believes "has a significantly lower energy profile."
EU green lights blockchain pilot for financial markets
Under a new European Union pilot program, which will likely be officially passed in Q1 or Q2 2022, some existing legal requirements are waived to allow for the issuance of certain financial instruments on blockchain and digital ledger technology.
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.
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.