eu crypto regulation – DIGIT INFO

EU watchdog warns of offshore crypto risks under MiCA regulation

DIGIT — Thu, 01 Aug 2024 12:51:34 +0000

The European Securities and Markets Authority warns crypto companies operating globally of the potential risks that may arise while seeking authorization under MiCA.

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MiCA’s stablecoin transaction cap stifles crypto adoption, say lawyers

DIGIT — Mon, 10 Jul 2023 04:09:00 +0000

With a $216 million cap to be imposed on stablecoins such as USDT and USDC, some say crypto adoption could be “stifled” under MiCA unless it changes.

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EU Lawmakers Vote to Impose €1,000 Limit on Unidentified Crypto Transactions

DIGIT — Thu, 30 Mar 2023 04:20:00 +0000

EU lawmakers have voted in favor of imposing a €1,000 limit on crypto transactions where the customer cannot be identified. “Entities, such as banks, assets and crypto assets managers, real and virtual estate agents, and high-level professional football clubs, will be required to verify their customers’ identity, what they own and who controls the company,” […]

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EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look at Global Regulation of Crypto’

DIGIT — Wed, 19 Oct 2022 04:00:40 +0000

The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislating … We need to look at global regulation of crypto,” said the commissioner. EU Commissioner Calls on U.S. Lawmakers to Establish New Crypto Rules Mairead […]

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French Central Banker Warns Complex Crypto Regulations Could Create ‘Uneven Playing Field’

DIGIT — Thu, 29 Sep 2022 03:30:28 +0000

The governor of France’s central bank, François Villeroy de Galhau, has urged EU regulators to “avoid adopting diverging or contradictory regulations, or regulating too late.” He warned that “To do so would be to create an uneven playing field, risking arbitrage and cherry picking.” French Central Bank Governor Warns About Adopting ‘Unduly Complex’ Crypto Regulations […]

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EU Regulator Warns About Crypto — Questions Whether Many Will Survive

DIGIT — Thu, 14 Jul 2022 00:30:46 +0000

European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question” about whether many crypto assets will survive. ESMA Chair on Crypto Risks and Regulation Verena Ross, chair of the European Securities and Markets Authority (ESMA), […]

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EU Regulator Warns Soaring Inflation Could Drive Investors to Crypto — Calls for Unified Regulatory Framework

DIGIT — Wed, 01 Jun 2022 02:30:22 +0000

Europe’s top securities regulator has warned that soaring inflation could drive investors to cryptocurrencies. Stressing that there is “an imbalance” in how each EU country deals with crypto, the regulator calls for a common regulatory framework across European countries. Inflation Could Drive Investors to Crypto, EU Regulator Says The European Securities and Markets Authority (ESMA), […]

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EU Parliament Committee Votes Against Proof-of-Work Ban, Supports Alternative Amendment on Crypto Assets

DIGIT — Mon, 14 Mar 2022 19:00:21 +0000

European Parliament’s economic and monetary affairs committee has voted against banning proof-of-work-based assets for companies in the European Union. An alternative proposal on crypto assets by European Parliament member Stefan Berger receives support instead. Committee Rejects Proof-of-Work Ban The Committee on Economic and Monetary Affairs (ECON) voted on the proposed Markets in Crypto Assets (MiCA) […]

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Satoshi Versus the ‘Infrastructure Bill’ — Political Permission Not Required

DIGIT — Thu, 12 Aug 2021 14:50:32 +0000

When Satoshi Nakamoto released the Bitcoin white paper in October 2008, it likely wasn’t with the idea that governments and central banks needed to recognize, adopt, and regulate Bitcoin for everyone’s benefit. To the contrary, if anything can be taken away from that document and the message encoded in the genesis block, it’s that centralized […]

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France Proposes EU-Wide Cryptocurrency Regulation

DIGIT — Thu, 15 Jul 2021 03:30:12 +0000

France has proposed giving more power to the Paris-based European Securities and Markets Authority (ESMA) and making it responsible for cryptocurrency oversight. French regulators say cryptocurrencies need EU-wide regulation. EU-Wide Crypto Regulation With ESMA as Main Supervisor France proposed Tuesday that the EU governments give the responsibility of regulating cryptocurrencies to the pan-European markets watchdog, […]

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