The laws are to ensure sanctions rules are applied uniformly across the EU’s 27 member states.
Crypto Industry Cautiously Welcomes Agreement on New EU AML Rules
Customer due diligence requirements for crypto firms may be more stringent than for banks, policy watchers told CoinDesk.
EU Provisionally Agrees Tough Crypto Due Diligence Measures to Combat Money Laundering
Crypto firms have to do checks on transactions of 1000 euro or more, and the framework adds measures to mitigate risks in transfers with self-hosted wallets.
EU Parliament Approves Data Act With Smart-Contract Kill Switch Provision
The final version of the bill’s text, reviewed by CoinDesk in July, revealed that it contained a smart-contract kill switch clause.
EU’s Data Act Final Draft Still Contains Controversial Smart Contract Kill Switch
Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the kill-switch, according to a final version of the text seen by CoinDesk
EU Commission Brushes Off ‘Data Act’ Fears by Crypto Industry
New rules could kill off permissionless smart contracts, the industry worries.
Treat Crypto as Securities by Default, European Parliament Study Says
Landmark new crypto laws under MiCA may have few short-term benefits without further steps, the report commissioned by EU lawmakers says
Don’t Cap Digital Euro Holdings, European Parliament Study Says
The paper turns on its head conventional wisdom that limits are needed to avoid supplanting the banking system
Lawmakers Could Still Nix Digital Euro, ECB’s Panetta Says
The ECB wants the CBDC to be universally accepted, and usable by those without bank accounts, the central banker said
EU Crypto Industry Applauds MiCA – But Looks to What’s Next
A Thursday vote sealed the deal on the long-awaited crypto law, but there’s still plenty of details to settle.
EU Parliament Approves Crypto Licensing, Funds Transfer Rules
The vote clears the way for landmark MiCA regulation to take effect in 2024.
EU’s Crypto Licensing Regime Set for Approval as Lawmakers Signal Support
Leaders of the European Parliament’s largest political groupings indicated they’ll support the landmark MiCA law ahead of a vote Thursday
EU’s MiCA Vote Likely Delayed by One Day Without Further Changes
The landmark crypto licensing framework and funds transfer rules will likely be rubber-stamped next week as last-minute upsets now seem unlikely.
High Hopes for EU’s MiCA Law With Final Vote Imminent
EU member nations are already jostling to hold the crypto crown as the bloc becomes the first major global jurisdiction to regulate the sector.
EU Lawmakers Vote in Favor of Payment Limits on Anonymous Crypto Wallets
Crypto rules form part of a money-laundering overhaul supported by the European Parliament Committees
EU Money Laundering Law Won’t Prevent Crypto Payments, Lead Lawmaker Says
The new legislation, which will be put to vote on Tuesday, is set to impose new restrictions on transactions from self-hosted wallets.
EU’s MiCA Crypto Law Debate Scheduled for April 18
A final vote on the bloc’s Markets in Crypto Assets Regulation, which brings in a new licensing regime, is due April 19.
Former Belgian Finance Minister Calls for Crypto Ban in Wake of Banking Crisis
Johan van Overtveldt, economic spokesperson for the right-wing ECR political party in the European Parliament, compared crypto to drugs.
EU Parliament’s Smart Contract Plans Limit Standard-Setting Promise, EU Commissioner Says
Controversial lawmaker proposals on data use may no longer meet original objectives, Thierry Breton told reporters
Panic Mustn’t Be Allowed to Spread After SVB Collapse: EU Lawmaker
Germany’s Markus Ferber said there needs to be a review of interest rate and sovereign bond exposures.