The final vote on the European Union’s much-awaited set of crypto rules, known as the Markets in Crypto Assets (MiCA) regulation, was recently deferred to April 2023. It was not the first delay — prev...
Tag: EUs
Self-hosted wallet ban avoided in new draft of EU’s anti-money laundering bill
Self-hosted addresses, formerly known as “unhosted wallets” in the European Union’s policies, are back in discussion as European Parliament staff look to clarify that lawmakers do not want an ou...
EU’s final vote on MiCA regulation postponed until April
The European Union’s landmark crypto regulation, Markets in Crypto Assets (MiCA), won’t see a final vote in the European Parliament until April, stalling the process for the new rules to be enforced. ...
The EU’s Crypto Queen Falls at a Crucial Time
In legislative terms, the crypto world is still in flux. And as the dust settles from the FTX collapse, MEPs (Members of the European Parliament) are wondering exactly how to deal with this wild west ...
EU’s McGuinness Urges Speedier Vote on Long-Delayed Crypto Laws
“Recent events have highlighted once again the importance of having adequate regulation of crypto markets” to protect client assets and the wider economy, McGuinness, commissioner for financial servic...
EU’s Court Orders Google To Remove “Manifestly Inaccurate” Data
The EU’s top court ruled that Alphabet subsidiary Google must remove information from online search results if users can demonstrate that it is false. The “right to be forgotten” online, or the abilit...
EU’s MiCA Law May Have an FTX-Shaped Loophole
MiCA broadly allows the practice, but, compared to other EU financial service laws, includes stronger powers for supervisors to stop solicitation being abused – including an ad ban for unauthori...
EU’s MiCA regulation would have had limited impact on FTX debacle, lawmaker says
EU lawmakers differ in their view on how the bloc’s upcoming crypto regulation would have cushioned the blow from FTX’s collapse. The effects of FTX’s filing for bankruptcy pro...
Delay in EU’s vote on MiCA could also slow down anti-money laundering legislation
The European Parliament’s delay on a final vote over comprehensive framework for regulating crypto assets could delay other crypto legislation in the EU pipeline. The Markets in Crypto Ass...
EU’s MiCA regulation vote deferred to February 2023: spokesperson
The European Union is now expected to adopt a benchmark framework for regulating crypto assets early next year. The European Parliament was to take its final vote on the Markets in Crypto-Assets...
EU’s First NFT Vending Machine Is Coming to London Next Week
The advent of the NFT vending machines from MyNFT can be considered a major innovation in the Web3.0 ecosystem as it has the primary aim of bringing digital collectibles closer to the average man. Bit...
Crypto Mining’s energy consumption to be slumped by EU’s Action
The need to stop increasing energy consumption in crypto mining. The regulatory procedures that are undertaken. The cause of the recent situation The European Commission has announced an action plan...
EU’s landmark digital asset legislation passes committee vote in European Parliament
The highly-anticipated Markets in Crypto-Assets legislation passed the European Parliament on Monday, after a two-year long debate and drafting process. The final vote tallied up to 28 in favor and 1 ...
EU’s Recent Sanctions Made Dapper Labs Bannin Russian Crypto Accounts
On 6th October 2022, prominent blockchain based services provider Dapper Labs announced the suspension of accounts belonging to Russian citizens following the newly imposed sanctions against Russia an...
Digital Euro Could be More Popular Beyond EU’s Borders: Lagarde
“Similar design features would have to be applied to the use of a digital euro by non-residents. This would stop a digital euro replacing other forms of investment and facilitating currency subs...
Industry Offers Cautious Welcome to EU’s Landmark Crypto Law MiCA
The law would also see the use of many stablecoins limited to 1 million transactions per day. A compromise that would see that figure only capturing real-world payments rather than trading activity is...
Amazon Contributing to EU’s Digital Euro Prototype Tests
Key Takeaways The European Central Bank (ECB) has selected five firms to assist in testing its upcoming digital euro. Each participating firm will create a prototype interface that will be used to pro...
EU’s Energy Plan Beats Inaction
A perfect storm has hit European energy markets, pushing leaders to intervene. It isn’t all bad news for investors. The confluence of extreme summer heat, dwindling Russian gas deliveries, unplanned o...
EU’s MiCA Crypto Law Text Ready Within 6 Weeks, Lead Lawmaker Says
Lawmakers and governments had reached agreement on the main outline of the legislation, which requires crypto asset providers to register with regulators in to offer services across the bloc, on June ...
Meet Stefan Berger, the Man Behind the EU’s New Crypto Legislation
Not long ago, Live Bitcoin News published an article discussing the new crypto regulations that the European Union (EU) was implementing. Now, we get a chance to meet the man responsible for bringing ...
EU’s MiCA Aims To Bring Greater Clarity To Crypto-Asset Market
Global regulators are taking a gradual approach to establish rules and standards for the cryptocurrency space. It looks like that order for transparency and clarity is the common direction of authorit...
NFT Collections Will Be Regulated Like Cryptocurrencies Under EU’s MiCA Law, Official Says
EU national governments felt that including NFTs in MiCA would be an unjustified extension of a bill originally designed to protect investors in stablecoins and initial coin offerings. But lawmakers f...
MiCa, AMLA and EU’s 'wild west' problem: Law Decoded, June 27-July 4
The Markets in Crypto-Assets passed the Tripartite negotiations, while the European Union anticipates a new body for AML regulation. According to the European parliament member and rapporteur for the ...
EU’s Makes History with Regulatory Step
The first significant regulatory system for the cryptocurrency business was agreed upon by EU authorities on Thursday. After hours of discussions, the European Commission, EU parliamentarians, and mem...
Crypto World Is Cautious of Finer Details In EU’s MiCA Law
“If a non-fungible token becomes fungible, then it will fall into” either MiCA, or other EU laws governing conventional financial instruments, said the source, who asked not to be named. In reality, a...
Coinhouse Raises 40M Euros and Positions as EU’s Leading Cryptobank
Coinhouse, the French pioneer in investing in crypto-assets, has completed a 40 million euros fundraising. Among the investors: are the bank ODDO BHF, VC funds such as True Global Ventures, Tioga Capi...
Should you buy or sell WTI oil after the EU’s partial ban on Russian imports?
At the start of the trading week, the European leaders agreed to pursue a partial embargo on Russian oil. Since Russia invaded Ukraine in February this year, everything changed in the way Europe is do...
Russia Reacts To EU’s Partial Oil Ban
Topline Russian officials on Tuesday dismissed the European Union’s partial ban on oil imports from the country as part of a new wave of sanctions, while leaders in the regional bloc acknowledged they...
NFT Issuers Could Have to Centralize and Register Under EU’s MiCA Rules, France Warns
The document was prepared by France, whose government is responsible for chairing talks within the EU’s council. It is undated, but prepared ahead of a closed-doors meeting due to take place Friday mo...