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X’s Global Government Affairs team said that if the reports about the EU’s plans are true, it’s an “unprecedented act of political censorship.” European Union regulators are reportedly mulling a $1 billion fine against Elon Musk’s X, taking into account revenue from his other ventures, including Tesla and SpaceX, according to The New York Times….
Corporate Bitcoin adoption remains limited by Europe’s “fragmented” regulatory regime and a smaller liquidity pool than the United States. Institutional adoption of Bitcoin in the European Union remains sluggish, even as the United States moves forward with landmark cryptocurrency regulations that seek to establish BTC as a national reserve asset. More than three weeks after…
Europol’s report highlights how AI-driven automation and crypto tools fuel scams, phishing, trafficking, and financial crimes across Europe. The European Union Agency for Law Enforcement Cooperation (Europol) published a report explaining how artificial intelligence and crypto affected organized crime. In a threat assessment report on serious and organized crime, Europol stated that AI and crypto…
European lawmakers have yet to respond to Trump’s Bitcoin reserve order as the ECB pushes ahead with its digital euro plans for an October 2025 launch. European lawmakers have remained silent on the United States’ Strategic Bitcoin Reserve order, a landmark policy shift favoring early adopters of Bitcoin due to its economic model. US President…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, the International Monetary Fund (IMF) has issued new requests under its $1.4 billion deal with El Salvador, aiming to restrict Bitcoin purchases by the…
The Digital Markets Act (DMA), the new European Union rules that aim to rewrite how business is done online by regulating how the world’s biggest tech companies operate, take effect today, Thursday, March 7. The regulation applies to companies with a market value of €75 billion ($81.7 billion) or €7.5 billion ($8.17 billion) in annual…
Sen. Dan Sullivan (R-Alaska) criticized President Biden for his decision to pause approvals of some natural gas export facilities, saying the announcement “makes no sense.” “Once again, they are letting the far left and John Kerry, can’t wait until he leaves the White House by the way, drive policies that make no sense and this…
The French politician Jacques Delors, architect of the eurozone, died Wednesday, his daughter announced. He was 98 years old. Delors took over as president of the European Commission in 1985 and paved the way for a more unified continent. Over his decade at the top of the body, the longest of any president, he laid…
The regulator will publish a final report based on feedback received and submit the draft technical standards to the European Commission by June 2024. The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released a second consultative paper on Markets in Crypto-Assets (MiCA) mandates on Oct. 5. In the 307-page document, the…
The Group of 20 meeting in New Delhi spotlighted the angst in Brussels, Beijing and Washington toward India as the imperatives of diversifying away from single-source manufacturers in China clash with the difficulties of supporting the mercurial authoritarian government of Prime Minister Narendra Modi. For Modi, as the G-20 president, the discussions tested his leverage…