A group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the move are concerns that companies dealing with digital assets can be engaged in the processing of illicit funds. Germany Leads Push to Place Crypto Firms Under EU Anti-Money Laundering Supervision…
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The European Union is planning to dote its planned anti-money laundering and terrorist financing watchdog with powers related to oversight over cryptoasset businesses, according to “people familiar with the matter.” The designed authority is to be launched in 2024 and become fully operational two years later…. Read More: Germany-Led Group Wants a New EU…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______ … Read More: Tether Teases Swiss Bitcoin Plan, VKontakte Mulls NFTs, FTX Ups Its Game, EU Open to Crypto + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
In another sign of intensifying work on crypto-related legislation among European countries, the Slovenian Ministry of Finance has released a draft bill that is to introduce a tax on cryptoasset trading. As a next step, the government could submit the draft bill to the Slovenian parliament for further legislative work…. Read More: Slovenian Finance Ministry…
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The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish the legal basis for the digital version of the common European fiat. A draft is expected in 2023.
EU Finance Chief Announces Legislative Plan for…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Metaverse Regulation, Alchemy Raises USD 200M, Stablecoin Hack + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
A paper published by the European Central Bank (ECB) discusses various conditions for successful implementation of central bank digital currencies (CBDCs) such as the eurozone’s own digital euro. The authors also point to different risks that such projects entail, like the danger of crowding out the private sector.
ECB: Digital Euro Should Be Widely…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ ___(Updated at 17:20 UTC with a paragraph about the Hashed Venture Fund II)…. Read More: Grayscale vs. SEC, Fidelity’s Bitcoin ETF, Investments in Metaverse, NFTs + More News Read more »Pay, Trade,…
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Keith Pilbeam, Professor of Economics, City, University of London.____… Read More: Eurozone’s Fiat Is Plunging – And Probably Won’t Bounce Back Soon Read more »Pay, Trade, Buy Bitcoin with Credit Card
Two months following the country’s general election, three German parties agreed on a program to be implemented by their forthcoming coalition government – and the produced document includes a call for stronger supervision of crypto assets by the European Union’s institutions. … Read More: Next German Government Calls For Crypto Regulation, Blockchain Investments Read more »Pay,…
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