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” European ‘MiCA’ regulation on digital assets: Where do we stand? “ The proposed European Union Regulation on Markets in Crypto Assets, or MiCA, (hereinafter the “regulation”) was put to a vote in the European Union Parliament’s Committee on Economic and Monetary Affairs on March 14, 2022, and in the end, the proposed amendment to…
” How blockchain intelligence can prevent Russia from evading sanctions “ As pointed out by Caroline Malcolm, Head of International Policy at Chainalysis, the transparent nature of blockchain technology makes it relatively easy for crypto intelligence companies to track funds related to sanctioned entities. “We’re in quite a unique position because of the transparency and…
” The European Commission is looking for blockchain regulatory sandbox operator “ On Monday, March 14, the European Blockchain Observatory announced a call for tenders to contract a consortium, the mission of which would be to facilitate and operate a pan-European regulatory sandbox for distributed ledger technologies, or DLT, and blockchain, in particular. A major…
” European Parliament votes against PoW ban, providing huge relief to the crypto industry “ Earlier today, members of the European Parliament’s Committee on Economic and Monetary Affairs in the European Parliament voted against a version of the Markets in Crypto Assets, or MiCA, bill that could have effectively banned the proof-of-work-based cryptocurrencies within the…
” Law Decoded: Joe Biden’s executive order is finally upon us, and it doesn’t look too dreadful, March 7–14. “ As Russia’s self-styled “special operation” against Ukraine continues, crippling economic sanctions remain the Western powers’ primary weapon to counter Russia’s military actions without triggering an even more dramatic escalation. As NATO and allies’ financial offensive…
” Environmental sustainability key sticking point in EU MiCA bill “ The legal standing of Bitcoin mining in the European Union hinges on the results of a March 14 vote in the European Parliamentary Committee on Markets in Crypto Assets (MiCA). A controversial line concerning the “minimum environmental sustainability” of crypto mining has been reintroduced…
“Conservative EU countries facing pressure to turn woke” If you ever doubted that woke ideologues are heartless hypocrites, look at what the liberal European Union just did to Poland and Hungary, even while those conservative countries were doing their best to accommodate 1.7 million Ukrainian refugees streaming across their borders. It is hard to believe…
” US and EU double down on measures against Russia potentially using crypto to evade sanctions “ The United States and the European Union have announced new actions targeting Russia’s economy and wealthy individuals as a report suggests Vladimir Putin’s allies have attempted to circumvent sanctions using cryptocurrency in foreign countries. In a Friday announcement,…
” Consolidation and centralization: How Europe’s new AML regulation will affect crypto “ According to recent media reports, six European countries, led by Germany, are working on launching an Anti-Money Laundering (AML) body that will include the cryptocurrency market in its purview. Details remain scarce, but it is known that the initiative involves Germany, Spain,…
“Volkswagen rolls out electric version of iconic microbus” The famous Volkswagen microbus, or The Bus, which was best known as the vehicle of choice during the hippie era, is getting an all-electric makeover. The German auto giant on Wednesday unveiled the modern iteration of the VW Bus — the VW ID Buzz, whose exterior is…