Chairman of the Digital Euro Association: ‘The primary aim of the digital euro is still not clear’
Jonas Gross spoke with Cointelegraph about the digital euro’s risks for private banks and the goals of the ECB. Go to Source Powered by WPeMatico
European Union
Auto Added by WPeMatico
European Commission Has ‘Serious Doubts’ About Markets in Crypto Assets Draft, Report Reveals
The European Commission disagrees with some provisions in the crypto regulatory proposal approved recently by the European Parliament. The executive arm in Brussels is unhappy with certain anti-money laundering measures, according to a media report quoting unofficial correspondence. European Commission Working on Compromise Proposal for EU Crypto Rules Europe’s upcoming Markets in Crypto Assets (MiCA) … Read more
Coinbase Warns Some Russian Users Their Accounts May Be Blocked, Report Reveals
Leading U.S. crypto exchange Coinbase has reportedly notified certain Russian customers that their accounts may be blocked at the end of this month. According to Russian media, the trading platform has offered them to withdraw their funds unless they prove they are not under sanctions. Coinbase Reportedly Asks Russian Clients to Withdraw Funds Some Coinbase … Read more
EU Commission report suggests rethink of regulatory approach to DeFi
The report highlights the DeFi’s potential for lower financial audit costs and substantial opportunities for financial integration across borders Go to Source Powered by WPeMatico
EU commissioner calls for global coordination on crypto regulation
Mairead McGuinness said the United States and EU were both moving forward on comprehensive frameworks for crypto, with President Joe Biden’s executive order and the MiCA proposal. Go to Source Powered by WPeMatico
Grayscale to expand crypto fund offering into Europe
CEO Michael Sonnenshein said the firm’s European rollout would be done piecemeal due to various regulatory regimes and investor attitudes. Go to Source Powered by WPeMatico
Emmanuel Macron on crypto: ‘I don’t believe in a self-regulated financial sector’
In an interview, the sitting French president voiced his support for MiCA regulation and the digital euro project. Go to Source Powered by WPeMatico
Binance Limits Services to Russian Users to Comply With EU Sanctions
Following the latest round of EU restrictions against Russia, digital asset exchange Binance is limiting services to Russian clients. The company pledged to lead the industry in implementing the sanctions and urged all major trading platforms to follow. Crypto Exchange Binance Cuts Services to Russian Accounts in Accordance With EU Penalties Binance, the world’s leading … Read more
EU officials considered Bitcoin trading ban to enforce proposed mining ban
Previously unseen documents detailing the EU’s conversations around banning Bitcoin have come to light following a freedom of information request. Go to Source Powered by WPeMatico
Binance limits services in Russia due to the EU’s 5th package of sanctions
Binance CEO previously said that crypto exchanges must comply with sanctions in a similar way to traditional financial institutions. Go to Source Powered by WPeMatico
