The European Central Bank has launched a new blockchain settlement system that allows banks and other eligible financial institutions to settle transactions involving tokenized assets directly in central-bank money, marking a major step in Europe's effort to integrate blockchain with traditional financial infrastructure. … [Read more...] about ECB brings central-bank money onto the blockchain with new Pontes system
EU warns of financial stability risks from growing cryptocurrency sector
The European Securities and Markets Authority (ESMA) has issued a cautionary statement regarding the potential risks cryptocurrencies pose to financial stability as their market ties with traditional financial systems increase. Although the crypto market remains relatively small, ESMA’s warning highlights concerns that significant growth and integration with established … [Read more...] about EU warns of financial stability risks from growing cryptocurrency sector
MiCA ushers in new era for EU financial digitalization
The European Union's Markets in Crypto-Assets Regulation (MiCA) is set to take full effect on December 30, 2024, marking a significant milestone in the EU's journey toward comprehensive financial digitalization. This regulatory framework aims to establish clear guidelines for crypto-assets, fostering innovation while ensuring consumer protection and market integrity. … [Read more...] about MiCA ushers in new era for EU financial digitalization
Europe’s MiCA regulation: navigating the future of stablecoins
The European Union’s Markets in Crypto-Assets Regulation (MiCA) represents a landmark shift in the regulatory landscape for digital assets, particularly stablecoins. Effective from June 30, 2024, MiCA introduces comprehensive requirements for stablecoin issuers and crypto asset service providers (CASPs), aiming to unify the fragmented regulatory environment across Europe and … [Read more...] about Europe’s MiCA regulation: navigating the future of stablecoins
The EU’s clampdown on anonymity: A blow to the crypto industry’s ethos
The European Union's recent enactment of stringent anti-money laundering (AML) laws marks a significant turning point for the cryptocurrency industry within its jurisdiction. By targeting anonymous crypto transactions and self-custody wallets, the EU aims to tighten the noose on illicit financial flows. However, this move has sparked concerns among crypto enthusiasts and … [Read more...] about The EU’s clampdown on anonymity: A blow to the crypto industry’s ethos
The European Union approves crypto legal framework
European Union member-states inch forward to create a comprehensive crypto regulation … [Read more...] about The European Union approves crypto legal framework
EU lawmakers to tighten crypto rules for banks
Bank capital requirements are expected to change to cover risks from crypto assets … [Read more...] about EU lawmakers to tighten crypto rules for banks
The EU presents a plan to regulate digital assets
Executive Vice-President Valdis Dombrovskis says the future of finance has to do with digital technology … [Read more...] about The EU presents a plan to regulate digital assets

