EU
Crypto Industry Cautiously Welcomes Agreement on New EU AML Rules
NFTs, DeFi and outlawing privacy tools might be out, but for crypto firms, requirements for customer checks might be more stringent than for banks, policy watchers told CoinDesk.
By Sandali HandagamaJan 19, 2024
EU Provisionally Agrees Tough Crypto Due Diligence Measures to Combat Money Laundering
Crypto firms have to do checks on transactions of 1,000 euro or more, and the framework adds measures to mitigate risks in transfers with self-hosted wallets.
By Sandali HandagamaJan 18, 2024
EU Banking Watchdog Extends Anti-Money Laundering Measures to Cover Crypto Firms
The European Banking Authority's new guidance for crypto firms will take effect on Dec. 30.
By Sandali HandagamaJan 16, 2024
EU Industry Input 'Really Important' to Stablecoin Rulemaking Under MiCA, EBA Officials Say
During a Thursday hearing on proposed guidelines for stablecoin issuers, European Banking Authority officials urged stakeholders to engage with regulators to "start on the right footing."
By Sandali HandagamaJan 11, 2024
European Central Bank Shows It’s Serious About Enabling Digital Euro Offline Use
The bank plans to allocate the lion’s share of its $1.3 billion contract budget for providers to work on enabling offline payments for a digital euro.
By Sandali HandagamaJan 11, 2024
EU Banking Watchdog to Deepen Probe of Links Between Banks, Crypto Entities: FT
Concerns over contagion have triggered the need to "dig deeper into the links between banks and other financial firms," José Manuel Campa, the chair of the EBA told the FT.
By Amitoj SinghJan 3, 2024
Belgium to Push European Blockchain Network During EU Council Presidency, Digital Minister Says
EU-wide blockchain services could support the bloc’s pursuit of digital sovereignty, Mathieu Michel told CoinDesk.
By Sandali HandagamaDec 18, 2023
Robinhood Broadens Crypto Service to Europe, Notes Region's Digital Asset Regulation
The company said it chose Europe to anchor its crypto expansion outside the U.S. because of the region's comprehensive rules.
By Krisztian SandorDec 7, 2023
Crypto Firms That Act Like Banks Should Be Regulated Like Them, ECB Official Says
But supervision of bank-like crypto firms could be a pain for regulators, said Andrea Enria, chair of the supervisory board at the European Central Bank.
By Sandali HandagamaNov 29, 2023
Fiery Public Hearing on Digital Euro Sees Experts Diverge on Key Issues
Expert witnesses answered lawmaker questions on holding limits, impact on banking systems and privacy for an EU central bank digital currency.
By Sandali HandagamaNov 28, 2023