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PortuguêsIt isn’t clear whether a 25-year-old European Union law means you should be allowed to get refunds on your NFTs. Should people who purchase nonfungible tokens (NFT) be entitled to…
Continue ReadingLawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets…
Continue ReadingThe European Commission would bring legislation related to the digital euro by May 2023. European lawmakers and bankers have voiced their concerns about central bank digital currencies and their utility. …
Continue ReadingBanks could be required to hold a “risk-weighted exposure amount” of up to 1,250% of capital based on exposure to crypto if the full parliament passes the measures. The Economic…
Continue ReadingBanks would be allowed to hold 2% of capital in bitcoin, but required to have one euro in capital for every euro in cryptocurrency held. European Union lawmakers have voted…
Continue ReadingThe final vote was delayed due to issues in the translation of the 400-page legal document. The final vote on the European Union’s (EU) much-awaited set of crypto rules, known…
Continue ReadingEuropol and Eurojust, two EU agencies for law enforcement cooperation, joined authorities from Bulgaria, Cyprus, Germany and Serbia to investigate online investment fraud since June 2022. By the end of…
Continue ReadingThe Visa-backed debit card will allow Huobi users in the European Economic Area (EEA) to pay from their crypto accounts at point of sale stations globally. As the crypto space…
Continue ReadingThe Bank of France’s head said turmoil in the crypto markets proves the need to move to a mandatory licensing scheme for crypto firms “as soon as possible.” Francois Villeroy…
Continue ReadingWhile regulations were once seen as hurdles to crypto adoption, they are now perceived as the fastest way to attain global mainstream adoption. Effective regulations are one of the key…
Continue ReadingThe European Union has its regulatory framework, while the race is only kicking off in the United States. 2022 will surely be remembered as a year of crypto discontent —…
Continue ReadingThe European Central Bank (ECB) decided to hike three of its key interest rates by 50 basis points (0.5%) as part of its ongoing war against inflation. The organization stated…
Continue ReadingIn a win for crypto app developers, incoming EU laws will force Apple to permit alternative app stores and apps without the need to go through its App Store. Tech…
Continue ReadingThe states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency transactions. On Nov. 6 the bloc agreed…
Continue ReadingWith the record mint day for Reddit avatar NFTs, there are now around 4.4 million Reddit NFTs in circulation. Reddit’ NFT minting hits new high Reddit’s nonfungible token (NFT) collection…
Continue ReadingAfter the European Central Bank released a blog post on the shortcomings of Bitcoin, the crypto community on Twitter took to the comments to defend the cryptocurrency. In light of…
Continue ReadingRoberto Campos Neto, president of the Bank of Brazil, explained the role that the Brazilian central bank digital currency (CBDC), the digital real, might play in the future of personal…
Continue ReadingIn June, Christine Lagarde said a potential MiCA II framework “should regulate the activities of crypto-asset staking and lending, which are definitely increasing.” Christine Lagarde, president of the European Central…
Continue Reading“The use of the designation “VERSE” constitutes an infringement of our client’s trademarks under German trademark law,” Block’s legal counsel said in a letter to Bitcoin.com. Digital payments company Block…
Continue ReadingBelgium’s take on what conditions must be met in order for a crypto asset to be classed as a security are in contrast to the views of U.S. Securities Exchange…
Continue ReadingThe European Commission is preparing to discuss with member states the adoption of a common tax regime for crypto assets, European officials have indicated. The talks with national treasuries are…
Continue Reading“With a global MiCA, the FTX crash would not have happened,” said European Parliament economics committee member Stefan Berger. European Parliament economics committee member Stefan Berger has compared the current…
Continue ReadingOne of the reasons behind the delay is “the enormous amount of work for the lawyer linguists, given the length of the legal text.” As the Plenary vote for the…
Continue ReadingThe European Union’s Markets in Crypto-Assets legislation could create an easier environment for exchanges to operate in, according to Binance’s vice president of Europe. Smaller cryptocurrency exchanges and start-ups could…
Continue ReadingThe role of European duties involve creating the possibility for social progress and the sustainability of the market economy, including the crypto sector. In terms of the crypto economy, the…
Continue ReadingThe Nordics remain a cold place for crypto, but Estonia still leads as the public blockchain adopter. Despite the turbulence that broke out in the crypto market this summer, there…
Continue ReadingThere is a challenge of not overdoing EU sanctions against Russia, according to Binance head of sanctions Chagri Poyraz. In the weeks following new sanctions from the European Union, Binance…
Continue ReadingEuropean digital bank N26 has announced its decision to offer cryptocurrency trading. The feature is first getting launched in Austria where customers will be able to trade in as many…
Continue ReadingNon-sanctioned foreigners are “more than welcome” at Intebix, but they need to set up a local bank card for crypto-to-fiat transactions, the CEO said. Some cryptocurrency exchanges continue onboarding Russian…
Continue ReadingAuthorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as the EU faces limited energy supplies from Russia, the reliance on which it has been…
Continue ReadingDespite the European Union rejecting a proposal banning crypto mining earlier this year, more regulations could soon be implemented to mitigate the environmental impacts of crypto mining. Bitcoin (BTC) has…
Continue ReadingWhile the European Union moves swiftly through the legislative stages with the Markets in Crypto-Assets (MiCA) framework, a groundbreaking framework for cryptocurrencies, its financial services chief implores its American counterparts…
Continue ReadingAfter rejecting a proposal to ban crypto mining, the EU is looking at disclosure and mitigation measures to make crypto assets more sustainable in the coming years. The European Union…
Continue ReadingDuring her visit to the United States, the official highlighted the importance of a truly global regulatory effort. While the European Union proceeds with smoothly passing its landmark crypto framework,…
Continue ReadingDespite many popular exchanges curtailing their operations within Russia, many platforms continue to service the region as usual. Nine months into the conflict between Ukraine and Russia, sanctions against the…
Continue ReadingWhile the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around…
Continue ReadingFrom taxes and legislation to the local startups and professional associations — all you need to know about blockchain and crypto in Western Europe. Despite the turbulence that broke out…
Continue ReadingBlockchain.com will soon shut down accounts of Russian nationals, while companies like Binance are also working to apply the new EU sanctions. Crypto wallet provider Blockchain.com is the latest company…
Continue ReadingAuthorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese…
Continue ReadingThe European Parliament Committee on Economic and Monetary Affairs (ECON) on 10 October approved the Markets in Crypto-Assets (MiCA) framework. It was only in the last week that the European…
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