Eu Financial News

19.07 / 02:35

UPS Citi committee ‘London can’t be complacent after Brexit’: European Affairs Committee chair Lord Kinnoull on why the City needs the right rules

Eight major reviews, two major consultations, 30 wider probes — that’s what has gone into forming post-Brexit regulation in the UK.

19.07 / 01:33

Stablecoin regulation Circle Circle CSO lays out policy principles for stablecoins in US

Dante Disparte, Circle’s chief strategy officer and head of global policy who has previously testified at congressional hearings, has called on United States lawmakers to balance the risks with developing a regulatory path for stablecoins.

18.07 / 23:27

European Union CLIMATE CRISIS Heatwave Financial Brussels defends sanctions, while pledging more Ukraine financial aid

EU foreign affairs ministers have agreed to give another €500 million to Ukraine, providing Kyiv with more firepower to stop the Russian offensive.

18.07 / 19:45

Climate change Heatwave Too hot to work? What the labour laws in these EU countries say about working in a heatwave

As Britain braces itself for the hottest temperatures ever recorded, the initial widespread enthusiasm for the unusual summer heat has given way to concerns over the impact it could have on a country almost completely unprepared for such hot weather.

18.07 / 16:01

Deal Food crisis: There is 'hope' for a Russia-Ukraine deal on grain export

The European Union is hopeful that a deal between Ukraine and Russia over the exports of grain can be reached this week.

18.07 / 08:51

CBDC regulation Central Bank Australian Australian central bank governor favors private sector crypto technology

Australian central bank Governor Phillip Lowe said that a private solution “is going to be better” for cryptocurrency as long as risks are mitigated through regulation.

18.07 / 02:57

Blockchain Stablecoin Europe Tether Threat NOT Burdensome but not a threat: How new EU law can affect stablecoins

The year 2022 saw not only drastic dips in leading cryptocurrencies and financial markets in general but also major legislative frameworks for crypto in prominent jurisdictions. And while the “crypto bill,” co-sponsored by United States senators Cynthia Lummis and Kirsten Gillibrand, still has a long way to go, its European counterpart, the Markets in Crypto-Assets (MiCA), had finally made it through Tripartite negotiations.

17.07 / 13:01

Climate change European Union MPs North Macedonia: MPs vote for EU proposal lifting Bulgarian veto despite protests

Lawmakers in North Macedonia have backed a controversial French-brokered deal that aims to settle a dispute with Bulgaria and open the way for EU membership talks.

17.07 / 09:31

UPS Digital Platform Decentraland Spain: Can the Spanish government help Decentraland from sinking sales?

The Metaverse is a rapidly growing space with many important industry players supporting its growth. Huge organizations, including Grayscale Investments have even claimed it has the potential of being a $1 trillion industry.

16.07 / 11:49

Stablecoin Europe Sustainability European Union Crypto-asset MiCA and ToFR: The EU moves to regulate the crypto-asset market

On the last day of June, the European Union reached an agreement on how to regulate the crypto-asset industry, giving the green light to Markets in Crypto-Assets (MiCA), the EU's main legislative proposal to oversee the industry in its 27 member countries. A day earlier, on June 29, lawmakers in the member states of the European Parliament had already passed the Transfer of Funds Regulation (ToFR), which imposes compliance standards on crypto assets to crack down on money laundering risks in the sector.

15.07 / 22:17

European Union Human Rights Joe Biden and Saudi crown prince begin big meeting with fist bump

A crucial meeting to repair one of the world's most important diplomatic relationships began with a fist bump Friday as Saudi Crown Prince Mohammed bin Salman welcomed U.S. President Joe Biden at a royal palace.

15.07 / 22:17

LGBT European Union Ukraine war: Six latest developments linked to Russia's invasion

Ukraine's Defence Ministry on Friday posted a video of a 4-year-old girl named Liza, who has been named as one of the victims of a Russian missile attack on the central city of Vinnytsia the previous day.

15.07 / 19:13

Blockchain Ethereum SEC Ethereum Merge Date Proposed for September, Liquidator Comes for 3AC, US SEC Talks Exemptions + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

15.07 / 17:01

FIVE Cooper NOT Europeans Are Working Even Less, and Not by Choice

European workers have put in fewer hours than Americans for decades. Now, they are working even less than before the pandemic—almost one day a week less than Americans in 2021, according to data for the five biggest European Union economies.

15.07 / 14:53

business LGBT European Court of Justice War crimes European Commission takes Hungary to court over anti-LGBT law and Klubrádió

The European Commission has referred Hungary to the EU's Court of Justice over two cases concerning freedom of speech that, after more than one year, remain unresolved.

15.07 / 13:15

European Union War crimes EU 'shot itself in the lungs' with sanctions against Russia, says Orban

The European Union has "shot itself in the lungs" with ill-considered economic sanctions on Russia, which, unless rolled back, risk destroying the European economy, Hungarian Prime Minister Viktor Orban said on Friday.

14.07 / 22:45

Law regulation International Financial UK financial watchdog exec hints at importance of international collaboration on crypto regulation

The chief executive of the United Kingdom’s Financial Conduct Authority, or FCA, said the U.K. government will be working with its counterparts in the United States to address a regulatory framework for cryptocurrencies.

14.07 / 18:43

business Gas Russian airstrike kills at least 20 people in central Ukraine

Russian missiles struck a city in central Ukraine on Thursday, killing at least 20 people and wounding about 90 more, Ukrainian authorities said, in what the country's president has called “an open act of terrorism” on the country’s civilian population in areas with no military value.

14.07 / 16:49

Stablecoin regulation Europe digital euro Crypto Community Unimpressed as ECB President Pushes for Digital Euro with Privacy ‘of the Highest Standard’

The European Central Bank (ECB) President Christine Lagarde's new blog post again pushes for the creation of a central bank digital currency (CBDC) in Europe. But although it argues that a digital euro would protect the privacy of its users, the crypto community is not impressed.

14.07 / 14:03

business History Ukraine plays symbolic role in France's Bastille Day parade

The war in Ukraine featured prominently in Bastille Day celebrations in France on Thursday, with thousands of French troops marching down the Champs-Elysees avenue alongside allies from Eastern Europe.

14.07 / 12:55

business Technology 'Wake-up call': EU Ombudsman finds Commission guilty of maladministration over Pfizer texts

The EU's watchdog on Thursday criticised the Commission's handling of a request for the texts exchanged between President Ursula von der Leyen and the CEO of Pfizer as a "wake-up call" for EU accountability and upheld her finding of maladministration over the matter.

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