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” Lithuania aims to tighten crypto regulation and ban anonymous accounts “ In its efforts to fight money laundering risks and the possible schemes of Russian elites circumventing financial sanctions, the 2.8-million nation of Lithuania is planning to tighten its scrutiny over crypto. As the local Ministry of Finance announced on Wednesday, various ministries of…
“Apple forced to redesign iPhone under new EU charger rule” Apple must change the connector on iPhones sold in Europe by 2024 after EU countries and lawmakers agreed on Tuesday to a single charging port for mobile phones, tablets and cameras in a world first. The political intervention, which the European Commission said would make life easier for consumers and…
” A life after crime: What happens to crypto seized in criminal investigations? “ Earlier this year, during during the annual Queen’s Speech in the United Kingdom, Prince Charles informed the Parliament about two bills. One of them — the Economic Crime and Corporate Transparency Bill — would expand the government’s powers to seize and…
” ECB president’s anti-crypto comments trigger community responses “ The crypto community has fired back at European Central Bank (ECB) President Christine Lagarde for her recent anti-crypto remarks, with people expressing disappointment and even criticizing the euro. As crypto markets show signs of stagnation, Lagarde reminded the world of her stance on cryptocurrencies. According to…
” U.S. dollar index retreats from 20 year highs — but will DXY topping spark a Bitcoin recovery? “ The U.S. dollar index (DXY) retreated broadly from its prevailing bull run in the past two weeks, dropping by up to 3.20% after hitting its two-decade high of 105. Overvaluation risks grip dollar market Dollar’s correction…
” Ideas vs. practice: How are regulators working together on crypto? “ The regulation of cryptocurrencies across the world is a constant battle for investors in a rapidly expanding and constantly changing ecosystem. Various regulatory agencies around the world view digital assets in a different light that vary significantly from one another. Recently, executive board…
” ‘DeFi in Europe has no lobby,’ says co-founder of Unstoppable Finance “ Currently, trialogue for the Markets in Crypto Assets (MiCA) and Transfer of Funds (TFR) regulations is underway in the European Commission, the European Parliament and the Council of Ministers, which will be concluded in a few weeks. If adopted, the TFR would,…
” German BaFin official calls for ‘innovative’ EU-wide DeFi regulation “ Birgit Rodolphe, an executive director at Germany’s Federal Financial Supervisory Authority (BaFin) has called for innovative and uniform regulation of the decentralized finance (DeFi) space throughout the European Union (EU). BaFin is Germany’s financial regulatory body responsible for regulating banks, insurance firms, and financial…
” Chairman of the Digital Euro Association: ‘The primary aim of the digital euro is still not clear’ “ The European Central Bank (ECB) is planning to launch a prototype of the digital euro in 2023. In the next five years, Europe could have its own central bank digital currency (CBDC) up and running. However,…
“Google paying over 300 EU publishers for news, more to come” Alphabet’s Google has signed deals to pay more than 300 publishers in Germany, France and four other EU countries for their news and will roll out a tool to make it easier for others to sign up too, the company told Reuters. The move followed the adoption of…