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“# Law Decoded: The aftermath of El Salvador’s pioneering move, Sept. 6-13 ” Too much is happening in the realm of crypto policy and regulation to leave the biggest developments of each week without a roundup and at least some conceptual reflection. Starting today, we are getting back to decoding crypto law and everything around…
“# Slow to start: Crypto regulators lagging behind blockchain industry ” As if he didn’t have enough to do, Gary Gensler appeared before the European Parliament on Sept. 1 to share his policy recommendations regarding the regulation of crypto assets and other matters. While the United States Securities and Exchange Commission Chair made clear that…
“# SEC boss tells EU Parliament crypto and fintech could be as disruptive ‘as the internet’ ” Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), has appeared virtually before the European Parliament to share his policy recommendations regarding the regulation of crypto assets. Speaking to the Parliament’s Committee on Economic and…
“# Eastern European victims sent $815M to Ponzis and scams in the past year ” Recent research has revealed that Eastern Europe remains a very high source of cybercrime activity — both from victims to scams, and from users to darknet markets — in the cryptocurrency sector. Cryptocurrency addresses based in the Eastern European region…
“# Survey finds Europeans want home countries to regulate crypto, not EU ” A large-scale poll across 12 European Union member states reveals that a majority of Europeans would prefer local governments to create and regulate cryptocurrencies. Redfield & Wilton Strategies carried out a survey for Euronews, polling 31,000 respondents from Estonia, France, Germany, Greece, Hungary, Italy,…
“# Slovenian finance authority proposes 10% tax on crypto income ” According to local media reports, the Financial Administration of the Republic of Slovenia, or FURS, is considering imposing a 10% taxable income bill on cryptocurrency asset activity in the near future. Under the current legislation method, the authority analyses an individual’s digital asset activity…
“# US Kraken exchange targets European license in 2021, says CEO ” Major United States-based cryptocurrency exchange Kraken is planning to officially expand into the European market, following in the footsteps of rival exchange Coinbase. Kraken co-founder and CEO Jesse Powell said that his firm is actively working on receiving a European license, targeting several local…
“# Swiss B2B bank InCore launches new tokenization tool using Tezos ” Deutsche Boerse-backed digital asset firm Crypto Finance AG and Swiss business-to-business (B2B) transaction bank InCore are launching a new tokenization tool based on the Tezos blockchain. InCore Bank officially announced Tuesday a new collaboration with Crypto Finance AG and Swiss IT consulting firm…
“#Comcast and ViacomCBS to launch ‘SkyShowtime’ streaming service in Europe” Comcast and ViacomCBS are teaming up to launch a European streaming service in 2022, both companies said Wednesday. Dubbed “SkyShowtime,” the service will include new and previously released TV shows and movies from Comcast-owned Sky and NBCUniversal and ViacomCBS brands like Showtime, Nickelodeon and Paramount…
“# PSV Eindhoven soccer club to accept new sponsorship deal in Bitcoin ” The football ecosystem has stepped up its adoption game as more clubs continue to involve crypto in mainstream operations. Netherland-based top-tier football club PSV Eindhoven has partnered with local crypto trading platform Anycoin Direct, which will pay the club an undisclosed amount…