Dutch central bank cracks down on digital currency firms
The De Nederlandsche Bank is requesting that companies who provide these services register with the DNB before May 18.
Latest European Union News
French regulator: Too early to classify digital currency assets precisely
The Autorité des Marchés Financiers set out its views in response to a consultation process led by the European Commission.
EU financial clearing houses EU want digital currency standardization
The establishment of regulatory protocols for digital assets in the European Union don’t cover all aspects of the industry.
French regulator calls for a European blockchain ‘Digital Lab’ sandbox
The French financial markets regulator has called on other European countries to implement enabling regulations for digital currencies and blockchain technology.
European Union regulators weighing options on Facebook Libra
Regulators in the European Union are reportedly struggling to decide how best to regulate Facebook Libra and the wider sector.
KyberSwap flees Europe as AML regulations kick in
Kyberswap claims the new regulations would increase costs, but stricter AML regulations might mean their entire operation is at risk.
EU authority planning legal framework for crypto in 2020
The European Securities and Markets Authority has announced plans for a new legal framework governing the cryptocurrency sector.
Mining pool Simplecoin shuts down as EU tightens regulations
The 5MLD will require Simplecoin to implement and adhere to several anti-money laundering and know-your-customer policies.
Bottle Pay crypto remittance service is shutting down
The U.K.-based company, Bottle Pay announced that it will shut down due to conflicts on the new anti-money-laundering guidelines coming to the European Union.
EU plays catch-up to China, US in blockchain, AI race with $110M fund
The European Investment Fund has teamed up with the European Commission to establish a dedicated investment scheme worth €100 million.
European regulations will crush Binance, Kraken crypto exchanges
The 5MLD are an expansion of current AML/CTF regulations into the cryptocurrency space, and were designed to protect against potential abuses of the technology by criminal actors.
Europe wants to ban Facebook Libra as German banks demand digital euro
The Libra will never launch, if Europe has its way. But German banks want some kind of state alternative.