EU
Denmark's Financial Watchdog Orders Saxo Bank to Shed Its Crypto Holdings
The Danish Financial Supervisory Authority's explained that it isn't legal for banks to conduct such activity as ancillary bank business for reasons of financial stability under current regulations.
By Amitoj SinghJul 5, 2023
Slovakian Crypto Tax-Cutting Bill Passes National Parliament
Lawmakers wanted to see a 7% income tax rate for crypto held longer than a year.
By Jack SchicklerJun 29, 2023
ECB to Start Wholesale CBDC Settlement Trials in 2024
The European Central Bank wants to see innovative interventions in financial markets – but under existing rules.
By Jack SchicklerJun 29, 2023
Binance's Euro Banking Partner to Halt Support of the Crypto Exchange in September
The exchange recently announced retreats from the U.K., Netherlands and Cyprus.
By Krisztian SandorJun 28, 2023
EU Publishes Digital Euro Bill Featuring Privacy Controls, Offline Guarantee
Officials want a digital payment system available to “everyone, everywhere, for free.”
By Jack SchicklerJun 28, 2023
EU’s Controversial Smart Contract Kill-Switch Rules Finalized by Negotiators
Lawmakers and governments have reached a deal on the Data Act despite protests from the blockchain industry.
By Jack SchicklerJun 28, 2023
EU Seals Deal on Crypto Bank-Capital Rules
Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system
By Jack SchicklerJun 27, 2023
Bybit Gains Crypto License in Cyprus
The Dubai-based crypto exchange strengthens its foothold in the European Union after its exit from Canada and the U.K.
By Jack SchicklerJun 26, 2023
Digital Euro: The Bill Is Ready but Politicians Aren’t Convinced
A plan to legislate for the central bank digital currency may still be on track for publication, but there is still significant political skepticism about the purpose.
By Jack SchicklerJun 21, 2023
EU Commission Brushes Off 'Data Act' Fears by Crypto Industry
New rules could kill off permissionless smart contracts, the industry worries.
By Jack SchicklerJun 20, 2023