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European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activities potentially involving digital assets. The progress comes as the Union seeks to comprehensively regulate the continent’s cryptocurrency market. EU Officials and Lawmakers Agree on AML … Read more
“We are putting an end to the wild west of unregulated crypto, closing major loopholes in the European anti-money laundering rules,” said European Parliament member Ernest Urtasun. Go to Source Powered by WPeMatico
Markets beyond the euro slow to react as Europe acknowledges higher inflation may be permanent. Go to Source Powered by WPeMatico
Christine Lagarde introduced a “MiCa II” idea to cover the issues yet untouched by European regulators Go to Source Powered by WPeMatico
Ukraine has been granted observer status in the European Blockchain Partnership (EBP). Officials in Kyiv hope the move will facilitate the implementation of blockchain technologies by the Ukrainian government and lead to the adoption of more efficient crypto regulations. Ukraine Advances Toward Membership of European Blockchain Partnership Ukraine has been accepted as an observer in … Read more
With the ultimate goal of integrating its digital economic space with the EU, Ukraine plans to expand its interstate blockchain network partnership with other countries. Go to Source Powered by WPeMatico
KBC Group, a major European banking and insurance institution headquartered in Belgium, has launched a token based on a blockchain platform. Its customers will be able to acquire the new proprietary coins and use them through their KBC wallet and mobile app. KBC Issues Digital Coin for Clients and Partners KBC, the Brussels-based financial group … Read more
Mairead McGuinness said that she planned to discuss a compromise through the MiCA proposal currently under review in the EU. Go to Source Powered by WPeMatico
A researcher from the University of Nicosia elaborates on key controversies of decentralized finance. Go to Source Powered by WPeMatico
Authorities in the EU are moving closer to a deal on a legislative package tailored to comprehensively regulate the crypto market and related activities in Europe. According a media report, an agreement on the key legislation is likely to be reached as early as this month. Deal on EU Crypto Law Expected by End of … Read more
