EU Lawmakers Back Regulation Threatening Unhosted Crypto Wallets, Defi Space

Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance (defi) sector in the EU. Some of its provisions, which are yet to be coordinated with other European institutions, aim to introduce restrictive measures for transactions involving privately managed crypto wallets. EU Parliament Moves to Introduce Verification for Defi … Read more

Ukraine Pushes for Membership in European Blockchain Partnership

Activists and lawmakers in Kyiv are urging the EU to accept Ukraine as a member of the European Blockchain Partnership. They believe the recently adopted law “On Virtual Assets” opens the way for the country to become a blockchain leader on the Old Continent. Kyiv Officials Hope Blockchain Technology Can Help Post-War Reconstruction of Ukraine … Read more

European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision

The Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next stage of the EU’s legislative process. Proponents of a controversial text prohibiting proof-of-work (PoW) cryptocurrencies, which was recently dropped from the draft, did not take an opportunity to block the draft’s progress. EU Parliament, Commission … Read more