EU crypto regulations undermined by lack of enforcement, say observers
The European Union’s Markets in Crypto-Assets Regulation is being phased in, but regulators have reportedly been inconsistent in enforcing existing laws. Go to Source
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Central banks must revise business model, embrace CBDCs — ECB member
Bundesbank’s president Joachim Nagel urged central banks to revamp their business models and adopt digital currencies during the BIS Innovation Summit. Go to Source
Binance sued in Canada, CZ could serve 36 months in prison: Law Decoded
Cryptocurrency exchange Binance is under legal pressure in Canada and the Philippines, while U.S. prosecutors are demanding 36 months in prison for Changpeng Zhao. Go to Source
Europe needs ‘Airbus for the metaverse’ to become global Web4 leader
Analysts from the London School of Economics and Political Science say a pan-European industrial cluster is necessary for the EU to compete in Web4. Go to Source
EU DeFi regulations set to welcome big banks, challenge crypto natives
New rules under the MiCA framework may encourage big banks to enter the DeFi space, potentially complicating compliance for native crypto projects. Go to Source
EU touts health benefits for children in the metaverse despite risks
The European Union’s in-house think tanks says the metaverse can help children heal from diseases. Go to Source
EU enacts crypto regulations to combat money laundering
The new legislation would impact crypto-asset service providers (CASPs), like centralized crypto exchanges under MiCA (Markets in Crypto-Assets Regulation). Go to Source
ATHDAOx: Building the future of Web3 in physical-digital with DAOs
The DAO-centric event took place in Athens, Greece over two days and focused on everything from governance and legal issues to community building and security. Go to Source
CZ must stay, Do Kwon to be extradited: Law Decoded
A Seattle district court ruled out CZ’s departure to the UAE, and the Montenegrin justice minister plans to grant the United States request for Do Kwon’s extradition. Go to Source
French startup Mistral AI closes $415M funding round
The French AI startup Mistral AI closed a funding round worth around $415 million as it strives to be the EU’s rival to OpenAI and accelerates the EU AI race. Go to Source
