Eu Financial News

A landmark agreement for Europe to regulate cryptocurrency markets across the continent is set to bring stablecoins such as tether and USD coin into a stricter regime to make sure they can meet redemption requests during mass withdrawals.

EU agrees rules to tame 'Wild West' crypto market

The flag of the European Union was brought to the Ukrainian parliament on Friday morning, a week after EU leaders decided to grant Ukraine the status of candidate country to join the bloc.

As the rest of the cryptocurrency market gradually moves on from the aftermath of the collapse of Terra’s LUNA and UST, regulators across the globe have become increasingly skeptical of digital assets and the risks they pose to investors.

Under the agreement, regulatory framework will protect investors and consumers, while ensuring financial stability and enabling innovation and growth. The regulations will help protect consumers from fraud and scams, as crypto-asset service providers will be liable if they lose assets and fail to protect investors’ wallets. The European Banking Authority (EBA) will form a public register of non-compliant crypto-asset providers.

After the EU has reached an agreement on cryptoasset regulation that sets out strict rules for all actors in the crypto market, the crypto industry reminds itself that there's still "more work to be done."

The European Union has agreed on landmark rules for regulating the cryptocurrency industry, whose meltdown has been wiping out fortunes and sparking calls for tighter scrutiny worldwide.

This couple will be among the first to tie the knot on Friday morning when same-sex marriage becomes legal in Switzerland.

Ukrainian authorities say a Russian missile has struck a nine-story block of flats in Ukraine's southern Odesa region, killing at least 14 people and wounding 30.

Officials from the European Union (EU) have agreed on a landmark law that will make life tougher for crypto issuers and service providers under a new single regulatory framework. 

EU officials on Thursday secured an agreement on what is likely to be the first major regulatory framework for the cryptocurrency industry.

Finland’s foreign affairs minister said his country had not received any new requests for deportations of Kurdish rebels, saying all cases had already been solved, after signing a deal with Turkey in order to join NATO.

France will look at bypassing Hungary's veto on a global corporate tax, an official has said after the measure was defeated last week.

Societe Generale is now offering a range of capital market products to institutional clients under a native security token format on Ethereum and Tezos.The agreement with Metaco will see the bank adopt the firm's digital asset custody and orchestration platform, Harmonize, to further expand its offering at scale.The deployment is taking place within a larger context marked by the the forthcoming implementation of the EU Pilot Regime, which will permit the processing of security tokens through market infrastructures in compatibility with applicable EU regulations. Jean-Marc Stenger, CEO of Societe Generale - Forge, comments: “Bridging the digital asset industry and traditional finance requires a multifaceted approach incorporating institutional-grade technology, regulation, as well as industrial capacities.

The European Parliament and the Council of the European Union have reached a provisional agreement on the Transfer of Funds Regulation (TFR) that is to ensure crypto transfers can be traced and that transactions considered suspicious are blocked, potentially paving the way for tougher enforcement by the European Union. 

EU seeks deal on ground-breaking rules to regulate crypto

When Kosovans again failed to see any progress being made on granting them visa-free access to the EU, restaurateur Shpejtim Pefqeli decided to take things into his own hands.

Bitcoin (BTC) lost 3% in an hour and Ether (ETH) drifted toward $1,000 on June 30 as pessimism took control of crypto markets.

The European Commission is expected to unveil a common European Emergency Demand Reduction plan in July in a bid to be prepared should Russia turn off the oil and gas taps further.

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The European Council has reached an agreement to form an anti-money laundering body that will have the authority to supervise certain crypto asset service providers, or CASPs.