EBA – DIGIT INFO

EU releases crypto-asset classification tools to help firms comply with MiCA

DIGIT — Fri, 19 Jul 2024 13:51:04 +0000

EU regulators introduce standardized crypto-asset classification under MiCA with a new test and guidelines to ensure uniformity across the market as regulations begin to come into play.

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MiCA regulation takes shape under EBA’s newest guidelines

DIGIT — Thu, 13 Jun 2024 21:24:33 +0000

The European Banking Authority has introduced a series of technical standards and guidelines for token issuers as MiCA implementation moves forward.

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European regulator: CASPs should work on protocol interoperability, self-hosted wallets

DIGIT — Fri, 24 Nov 2023 10:56:45 +0000

The European Banking Authority wants to update existing anti-money laundering rules and combat the financing of terrorism for crypto providers.

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Banking Agency Advises European Commission to Assess Common Crypto Approach

DIGIT — Wed, 09 Jan 2019 22:20:02 +0000

The European Banking Authority (EBA), a regulatory agency of the European Union, has published its assessment into the application of EU law to crypto assets. The agency, which is headquartered in London, recommends that the European Commission tables a response to the risks regulators associate with the field such as money laundering. Also Read: FBI […]

The post Banking Agency Advises European Commission to Assess Common Crypto Approach appeared first on Bitcoin News.

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Blockchain Could Transform Trade Finance and Customer Due Diligence: EU Report

DIGIT — Fri, 06 Jul 2018 22:00:46 +0000

Trade finance is a complex and tedious process that involves a large number of participants. With the risks involved being quite high, especially in international trade finance, banks have stepped in to mitigate them through various products such as letters of credit and bank guarantees. This industry is long overdue for a blockchain revolution, according ... Read more

EBA Chairman Sees No Reason to Further Regulate Cryptocurrencies

DIGIT — Tue, 13 Mar 2018 15:18:57 +0000

It has become apparent that cryptocurrency regulation in Europe is still several years away, if not longer. A few months ago, the ECB made it clear it was not interested in intervening where cryptocurrencies were concerned. Similar statements have now been issued by the EU Banking Authority. All of this is a positive development for the industry, although it also means there is still a lack of “legality” in Europe. The Future of Cryptocurrency in Europe Depending on how you want to look at it, a lack of cryptocurrency regulation can be a good thing or a bad thing. While most industry enthusiasts aren’t too keen on

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Excessive Crypto Regulation Not Optimal, EU Banking Authority Says

DIGIT — Sun, 11 Mar 2018 15:00:55 +0000

The Chairman of the European Banking Authority has spoken against excessive regulation of the crypto sector, warning it might constrain financial innovation. Outlining EBA’s position in regards to the supervision of the Fintech industry, Andrea Enria said regulators need to maintain a “measured approach”. Next week EBA will publish a roadmap, which defines a series […]

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Don’t Regulate Crypto, Regulate Financial Institutions, Says EU Banking Authority Chair

DIGIT — Fri, 09 Mar 2018 20:33:57 +0000

European Banking Authority chairperson says “excessive” regulation in fintech could restrict innovation #NEWS

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EU Regulators Caution Consumers Against ‘Highly Risky’ Crypto Investing, Again

DIGIT — Mon, 12 Feb 2018 18:18:58 +0000

The European Supervisory Authorities warn customers against investing in cryptocurrencies without understanding the risks and to only spend the money they can afford to lose. #NEWS

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