Eu Financial News

20.10 / 13:21

MICA ESMA EBA consultation EBA and ESMA Release Consultation Paper on Assessing Suitability for Crypto-Asset Service Providers

The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) published a joint consultation paper on two draft guidelines.

20.10 / 13:05

regulation European Union MICA European Banking Authority, ESMA issue crypto entity suitability guidelines

The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) jointly released a consultation paper on Oct. 20 featuring two drafts. These drafts encompass the assessment of the suitability of management body members and shareholders or members holding qualifying stakes in issuers of asset-referenced tokens (ARTs) and crypto asset service providers (CASPs).

20.10 / 11:01

COST UPS Fallout Allianz Oil at $140? It’s Allianz Trade’s worst-case scenario

War in the Middle East could cause the oil price to surge to $140 a barrel and bring the world to the brink of a recession, according to Ana Boata, head of economic research at Allianz Trade.

20.10 / 09:53

CBDC regulation Europe European Union Euro EU data protection regulators urge anonymity for smaller transactions in digital euro

On Oct. 18, the European Data Protection Board and the European Data Protection Supervisor issued a joint statement on regulating a digital euro, as proposed by the European Commission in July 2023. The regulators made several recommendations to enhance the personal data protection standards for the European Union central bank digital currency (CBDC).

20.10 / 04:49

business Binance regulation Europe European Union Euro services Crypto exchange Binance restores euro services after new fiat partners

Crypto exchange Binance has announced it has onboarded new partners to handle euro deposits and withdrawals, months after losing its previous fiat partner PaySafe in September.

20.10 / 04:17

Provident Manufacturing NVIDIA Experts China, world's top graphite producer, to curb exports of key battery material

BEIJING (Reuters) -China will require export permits for some graphite products from Dec. 1 to protect national security, the commerce ministry said on Friday, as it faces growing challenges from foreign governments over its manufacturing dominance.

20.10 / 04:13

Digital Cooper President Celebrity European Commission country gatherings EU set for own summit in bid to rival China belt and road

European Union will host leaders of some 20 countries next week to boost its global infrastructure plan aimed at competing with China in strategic regions, according to people familiar with the matter. The summit will come a week after China gathered representatives of more than 130 countries to celebrate the 10th anniversary of its own global investment plan, the Belt and Road Initiative. Heads of state or government who will attend the EU’s Global Gateway Forum on Oct.

19.10 / 19:45

regulation Europe privacy European Union Court US surveillance and facial recognition firm Clearview AI wins GDPR appeal in UK court

U.S. surveillance and facial recognition firm Clearview AI has won a court appeal in the United Kingdom after being accused of alleged infractions related to the U.K’s general data protection regulation (GDPR).

19.10 / 17:27

Blockchain Progressive show innovations information Crypto leaders: 12 practical tips for effectively working with regulators

The world is interested in crypto. In the United States and European Union, individual investors have shown they are intrigued by its possibilities, while emerging economies are leveraging it to expand access to financial services. This, of course, is attracting the focus of legislators who want to both tap into crypto’s potential and ensure investors and consumers are well-protected. But with crypto’s international footprint, new and dynamic technologies, and built-in anonymity, it’s a challenge to protect users’ privacy and police unlawful activity.

19.10 / 14:53

coinbase MICA regulatory Coinbase Chooses Ireland as Main European Hub as Regulatory Pressure Continues in the US

Digital asset exchange Coinbase is set to become a dominant player in the European market following the announcement of Ireland as its crypto hub in the continent.

19.10 / 13:01

UPS Provident Digital Platform TikTok social EU demands Meta and TikTok detail efforts to curb disinformation from Israel-Hamas war

The European Union has ratcheted up its scrutiny of Big Tech companies with demands for Meta and TikTok to detail their efforts to curb illegal content and disinformation during the Israel-Hamas war

19.10 / 12:41

UPS Fighting awards WhatsApp Death President EU honours Mahsa Amini, whose death triggered protests against Iran's Islamic theocracy

Iranian woman who died in police custody in Iran last year, sparking worldwide protests against the country’s conservative Islamic theocracy, was awarded the European Union’s top human rights prize on Thursday. The EU award, named for Soviet dissident Andrei Sakharov, was created in 1988 to honor individuals or groups who defend human rights and fundamental freedoms.

19.10 / 12:39

CBDC Digital Currency regulation Europe European Union Euro ECB officials move to 'preparation phase' for digital euro

The governing council of the European Central Bank (ECB) has announced it will begin the ”preparation phase” for the digital euro project following a two-year investigation.

19.10 / 12:39

regulation BitPanda BitPanda crypto exchange gets license in Norway amid European expansion bid

One of the largest European crypto exchanges, a Vienna-based BitPanda, became one of the first foreign entities to receive a virtual assert service provider license in Norway. The announcement came on the company’s official X (former Twitter) account on Oct. 19.

19.10 / 12:39

CBDC Adoption regulation Europe European Union Euro Finland works on instant payments system, embraces digital euro

The Bank of Finland (BOF) is coordinating the creation of a Finnish instant payment solution compatible with European standards. Tuomas Välimäki, BOF board member and member of the Governing Council of the European Central Bank (ECB), made the announcement on Oct. 19.

19.10 / 12:39

Blockchain regulation Bitcoin Coinbase selects Ireland as its European crypto hub

The United States-based cryptocurrency exchange Coinbase is strengthening its presence in Europe and has officially announced Ireland as its European crypto hub of choice.

19.10 / 08:49

Provident SEC Fighting coinbase President country reports regulatory Coinbase picks Ireland as its main EU regulatory hub as U.S. authorities go on the offensive

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19.10 / 08:23

Provident economy President Experts country Mint Explainer: Why the outcome of China's latest BRI Forum should please India

Mint explains why the outcome of the meeting may be good news for India. It's a highly ambitious project is aimed to building infrastructure and connectivity across Asia, Europe and Africa in an effort to reconstruct 21st century versions of a terrestrial and maritime silk road. Many observers saw the project as an effort by China to export its surplus capacity in construction and other fields to foreign nations while also linking their markets to China’s economy.

19.10 / 07:24

COST UPS Volkswagen Fighting Nissan love Europe is looking to fight the flood of Chinese electric vehicles. But Europeans love them

Chinese automakers are winning over drivers as they make major inroads into Europe’s electric vehicle market

19.10 / 07:23

UPS Nov country reports German Government German government launches a drive to get more Ukrainian and other refugees into jobs

The German government has announced a drive to get more Ukrainian and other refugees into jobs now that many have a usable knowledge of the German language

18.10 / 19:33

Provident Digital Cooper European Union reports guidelines new cryptocurrency EU Adopts DAC8 – New Cryptocurrency Tax Reporting Rule To Take Effect Soon

European Union (EU) finance ministers approve new regulations requiring cryptocurrency firms to share data on customer cryptocurrency holdings with tax authorities.

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