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” Crypto industry fires back after EU vote to block ‘unhosted’ wallets “ The crypto industry has reacted strongly against a EU Parliament committee voting in favor of a regulatory package for tighter know-your-customer (KYC) and anti-money laundering (AML) rules for ”unhosted” private wallets. The new guidelines would require crypto service providers — most commonly…
” ETF provider WisdomTree launches Solana, Cardano, Polkadot ETPs “ The American exchange-traded fund (ETF) provider WisdomTree continues expanding its cryptocurrency products in Europe by launching three new crypto exchange-traded products (ETP) backed by Solana (SOL), Cardano (ADA) and Polkadot (DOT). WisdomTree announced Tuesday the launch of three new physically-backed crypto ETPs, including WisdomTree Solana…
” From taxes to electricity, blockchain adoption is growing in Austria “ Austria has been actively transforming into an attractive location for providers of blockchain-based products, with the government itself experimenting with the technology and trying to create a legal basis upon which companies can use it. With regard to blockchain-based applications in the economy,…
” EU Parliament can outlaw transacting with ‘unhosted’ wallets, crypto advocate warns “ Less than a week after a potential ban on Proof-of-Work (PoW) digital assets was dropped from the EU’s prospective MiCA framework, a new threat to the crypto industry could be emerging in the European Union. This time, it is non-custodial, or unhosted,…
“Letters to the Editor — March 28, 2022” The Issue: President Biden’s trip to Europe to discuss Russia’s invasion of Ukraine with world leaders. I’m still laughing at the thought that President Biden went to Europe to foster unity in the face of Russia’s invasion of Ukraine (“Joe’s Toothless ‘Unity,’ ” Editorial, March 24). This is…
” European crypto regulatory framework goes to three-way consideration without PoW ban “ The much-dreaded prospect of a ban on cryptocurrencies that use proof-of-work (PoW) consensus is making its way into a key European digital asset directive appears to have blown over. Thursday marked the last day when the European Parliament could stop the current…
“US to sell energy to Europe in bid to cut Russian gas” The United States will sell natural gas to the European Union as part of an overall plan to cut the continent’s dependence on Russian energy in the wake of Moscow’s invasion of Ukraine, President Biden said Friday. The US will ship 15 billion…
“US response to Russian chemical weapons in Ukraine ‘would depend’ on use” President Biden said Thursday that the West’s response to the potential Russian use of chemical weapons in Ukraine “would depend” on how bad such an attack was. “We would respond if he uses it, but the nature of the response would depend on…
” Green ‘light:’ The EU’s approach to crypto balances eco-values with regulatory relevance “ Last week, Bitcoin (BTC) dodged a regulatory bullet in the European Union when proposed cryptocurrency legislation was altered to not include a ban on proof-of-work- (PoW)-based crypto assets. Policymakers had raised a number of concerns about the relative anonymity of crypto…
” Crypto trading in rubles falls even as ECB warns again on sanctions “ The President of the European Central Bank, Christine Lagarde has reiterated warnings that Russian individuals and businesses are using cryptocurrencies to skirt sanctions. However, as of March 18, daily ruble-denominated crypto trading volume was sitting at just $7.4 million, down over…