The company said it chose Europe to anchor its crypto expansion outside the U.S. because of the region’s comprehensive rules.
Crypto Firms That Act Like Banks Should Be Regulated Like Them, ECB Official Says
But supervision of bank-like crypto firms could be a pain for regulators, said Andrea Enria, chair of the supervisory board at the European Central Bank.
Fiery Public Hearing on Digital Euro Sees Experts Diverge on Key Issues
Expert witnesses answered lawmaker questions on holding limits, impact on banking systems and privacy for an EU central bank digital currency.
Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says
A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector grow, Miguel Fernández Ordóñez said during a European Parliament hearing on a digital euro.
EU Lawmakers Call to Reduce Tech Dependency on Other Countries With Metaverse Strategy
The European Parliament’s Committee on Internal Market and Consumer Protection calls for the bloc to shape virtual worlds according to EU values.
The Global Movement to Promote Crypto Tax Transparency — What You Need to Know
In Europe and the U.S., there are a host of initiatives placing new requirements on participants in digital asset markets to report on transactions and meet other new provisions.
EU backs Data Act with clause to shut off smart contracts
The Act, inclusive of a clause necessitating “kill switches” on smart contracts, only now needs approval from the European Council to pass into law.
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 Banking Watchdog Issues Draft Liquidity Rules for Stablecoin Issuers
Three consultations on relevant rules will run until Feb. 8, 2024, the European Banking Authority has said.
Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage
The crypto trading platform for EU will start in “coming weeks.”
Spain Brings Forward MiCA Crypto Rules by Six Months After EU Pressure
The government hopes the move, potentially affecting the likes of Binance and Coinbase, will bring greater regulatory clarity.
Crypto Shareholder Requirements Set Out by EU Banking Regulators
Controls on staff bonuses at crypto exchanges and wallet providers are also planned as the bloc prepares for its landmark crypto law, MiCA.
U.S. Risks Unleashing Second ‘Eurodollar’ Market if It Dallies on Stablecoin Regulation
Coinbase Picks Ireland as EU Hub
Forthcoming European laws known as MiCA will allow the exchange to serve the entire EU bloc with a single license.
Digital Euro Project Moves to ‘Preparation’ Phase
The move is not a decision to issue a central bank digital currency, the European Central Bank said Wednesday.
DLT Securities Rules Are Here to Stay, EU Official Says
New European laws took effect in April, but fears over its limited scale may have inhibited take-up.
EU Formally Agrees on New Crypto Tax Data Sharing Rules
The finalized rules, set to be published in the EU’s official journal, force crypto firms to report on customers’ holdings to be shared between tax authorities.
EU Regulator Warns of ‘Opaque’ Crypto Firms as It Seeks to Close MiCA Loopholes
The European Securities and Markets Authority doesn’t want foreign companies operating via EU “letterbox” entities
EU Markets Regulator Warns of DeFi’s ‘Serious Risks’
ESMA, responsible for rulemaking under the bloc’s landmark new crypto law MiCA, is worried about new forms of market manipulation when there’s no central counterparty
EU Plans for Wholesale CBDC Out Within Weeks, French Central Banker Says
A central bank digital currency usable by financial markets is moving faster than a more controversial plan targeting regular citizens