A central bank digital currency usable by financial markets is moving faster than a more controversial plan targeting regular citizens
EU Seeks More Data on Crypto’s ‘Significant’ Environmental Harm
The bloc’s executive arm is commissioning a $842K study as it considers what to do about energy-hungry proof-of-work technology
Binance Warns of Multiple Stablecoin Delistings as Lawyers Puzzle Over EU’s MiCA
The EU’s landmark Markets in Crypto Assets law, MiCA, takes effect next year, but it’s not clear how it will apply to foreign or decentralized issuers
Digital Euro Conspiracy Theories and Privacy Concerns Put EU Central Bankers in the Hot Seat
Officials promise privacy controls for the possible new CBDC, but are less clear how to respond to wilder reactions.
Coinbase signals EU, Canada, Brazil, Singapore and Australia as priorities
The crypto exchange’s focus on non-U.S. markets is part of a next phase in its expansion plans, said the firm.
Controversial Digital Euro Plan to Be Led by Architect of Landmark MiCA Crypto Law
The center-right lawmaker previously negotiated the landmark MiCA crypto law for the European Parliament
EU Stablecoin Issuers With Bank Assets in Reserve Will Get Extra Regulation, EBA Draft Says
The EU agency is consulting on new MiCA rules that mean “significant” tokens are centrally supervised with extra capital requirements
SEC’s Stuttering Litigation Strategy Draws Comment From France
French officials boast of crypto-ready laws that contrast with a stuttering enforcement campaign from the U.S. SEC – and are looking to the next generation of Web 3 gaming rules.
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
It’s Time for a Euro Stablecoin
Stablecoin Issuers Urged to Anticipate MiCA Rules by EU Banking Agency
Regulators can be notified of stablecoin-related operations now even though the rules don’t take effect until June 2024, the European Banking Authority said.
EU Securities Agency Issues First Batch of Detailed Crypto Rules Under MiCA Law
Consultations cover authorization and conflict-of-interest rules for crypto companies under the landmark digital assets law
EU’s Metaverse Vision Focuses on Standards, Governance and Funding
The EU isn’t proposing new laws but could spend hundreds of millions on research into virtual worlds.
Nifty News: Sega exec calls P2E games ‘boring,’ Tom Brady’s NFT firm switches it up and more
Sega is still reportedly licensing its lesser-known properties out for NFTs and blockchain games, but its best ones are being kept close.
EU’s Leaked Metaverse Strategy Proposes Regulatory Sandbox, New Global Governance
Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said.
EU Metaverse Strategy Set to Examine Privacy, Competition and Rights
A policy paper next week won’t set legislative rules – but could point the way ahead on some key Web3 issues.
Denmark’s Financial Watchdog Orders Saxo Bank to Shed Its Crypto Holdings
Danish bank Saxo has been ordered by Denmark’s financial regulator to shed its own holdings of cryptoassets.
Slovakian Crypto Tax-Cutting Bill Passes National Parliament
Lawmakers wanted to see a 7% rate for crypto held longer than a year
ECB to Start Wholesale CBDC Settlement Trials in 2024
The central bank wants to see innovative interventions in financial markets – but under existing rules.
EU Publishes Digital Euro Bill Featuring Privacy Controls, Offline Guarantee
Officials want a digital payment system available to “everyone, everywhere, for free.”