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” European Union discusses using zero-knowledge proofs for digital IDs “ The European Union is famous for its ambivalent relationship with privacy — on the one hand, it was the first place in the world to apply strict data protection regulations. On the other, its central bank digital currency (CBDC) project lacks the anonymity standards…
” EC launches blockchain regulatory sandbox for 20 projects annually through 2026 “ The European Commission announced the launch of the European Blockchain Regulatory Sandbox on Feb. 15. The sandbox will provide a space for regulatory dialog for 20 projects per year through 2026. The sandbox was first announced in 2020 and is being facilitated…
” Proposed EU parliament rule could have banks apply 1,250% risk weight to crypto exposure “ The European Parliament has released a report on a draft bill proposing that banks holding cryptocurrencies set aside a large amount of capital in an effort to address potential risk. In a Feb. 9 notice, EU lawmakers said any…
” Opinion: Should Bored Ape buyers be legally entitled to refunds? “ Should people who purchase nonfungible tokens (NFT) be entitled to refunds if they decide they don’t like their digital pictures? Some Europeans are beginning to make that case under a 25-year-old law. Unhappy buyers have claimed that their right to a refund is…
” EU lawmakers vote for more restrictive capital requirements on banks holding crypto “ The Economic and Monetary Affairs Committee of the European Parliament has voted for measures requiring banks holding cryptocurrencies to set aside a punitive amount of capital. In a Jan. 24 notice, the European Parliament announced the committee had voted overwhelmingly in…
” EU postpones final vote on MiCA for the second time in two months “ The final vote on the European Union’s (EU) much-awaited set of crypto rules, known as the Markets in Crypto Assets regulation (MiCA), was deferred to April 2023. It marks the second delay in the final vote, which was previously postponed…
” Huobi and Solaris crypto-to-fiat debit card launches in the EU “ As the crypto space continues to expand into the mainstream, bridging the gap between digital currencies and fiat currency is a priority for many legacy financial institutions. Cryptocurrency exchange Huobi announced its partnership with Solaris, a European financial services provider, to launch a…
” French central bank governor pushes for crypto licensing ahead of EU laws “ Francois Villeroy de Galhau, the Bank of France’s governor, has urged for more stringent licensing requirements for crypto companies in France, citing the current turmoil in the crypto markets. During a speech in Paris on Jan. 5, the central bank governor…
” Crypto regulation world: How laws for digital assets changed in 2022 “ Effective regulations are one of the key gateways to cryptocurrency’s mainstream adoption. Due to greater compliance, crypto businesses saw broader acceptance from regulators worldwide. While the crypto ecosystem was awarded countless operational licenses and exposure to new markets, the fall of Terraform…
“Pressure on Iran can help Ukraine win” As the world enters a new year, Vladimir Putin’s criminal war against Ukraine continues to grind away. Missiles rain down on Ukraine’s great cities — including the capital, Kyiv — and on its water and power infrastructure, as the blood-hungry autocrat seeks to hammer the country into submission….