Europe Financial News

26.05 / 15:29
business regulation Investments Europe European Union cryptocurrency investment regulatory EU regulator urges crypto firms to disclose regulatory status of products
The European Union’s financial watchdog has issued a statement reminding investment firms to make sure their clients are aware of the regulatory status of the products they are offering. 
26.05 / 15:17
Adoption Europe Gemini Legal Today in Crypto: Gemini Chooses Ireland for European Headquarters, Coinone Exec Admits to Bribe-for-Listing Charges, Chinese's City Reveals Metaverse Policy Draft to Attract Companies
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
25.05 / 15:07
Europe Bitfinex Legal Court Today in Crypto: Fahrenheit Wins Celsius Acquisition, BTC-e Co-Founder Wants to be Included in a Russia-USA Prisoner Exchange, Bitpanda Joins Hands with Coinbase
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
24.05 / 07:17
event regulation Europe policies Regulators should focus on the benefits of crypto: European Web3 Summit 2023
As Web3 regulation looms over Europe, executives from various parts of the industry highlighted different regulatory perspectives in a panel discussion at the European Web3 Summit 2023. The event is held at the Library Solvay in Brussels, Belgium, a historic location where Nobel Prize scientists, such as Albert Einstein and Niels Bohr, once gathered for conferences. 
18.05 / 14:15
business regulation Europe European Union ChatGPT Italy sets aside millions for workers at risk of AI replacement
Italy’s back and forth with the emergence of artificial intelligence (AI) continues, after lawmakers in the country announced funds for those at risk of losing their jobs to automation. 
18.05 / 03:43
regulation Europe European Union Banks Opinion Central Bank There's a growing case for allowing crypto firms to bypass banks
Within 11 days in March, four banks in the United States and one in Switzerland collapsed. First Republic Bank followed in May. Three of the four largest-ever U.S. bank failures occurred in those two months. It was a painful reminder that banks bear significant risks that can quickly spill over to other industries.
16.05 / 09:55
Adoption regulation Europe European Union MICA EU Council approves MiCA for clear crypto regulation
European Union Council members have given the final green light on the highly-anticipated Markets in Crypto-Assets (MiCA) legislation following a voting process on May 16.
15.05 / 17:09
Ethereum CBDC regulation Europe Bitcoin G7 pushes accelerating global implementation of ‘travel rule’ for crypto assets
The G7 committee recently met in Niigata, Japan, to discuss, among other topics, the global financial implications for central bank digital currencies (CBDCs) and the laws governing the transfer of cryptocurrency assets.
12.05 / 11:39
business regulation Europe policies ChatGPT recommendations Romania harnesses AI for data-driven policy recommendations
Countries around the world are beginning to grapple with the pervasiveness of artificial intelligence (AI). While some look to the emerging technology with concern, others like Romania are embracing it. 
12.05 / 08:35
Blockchain Adoption Europe Web3 Metaverse Lufthansa, Eurowings, other travel industry players push forward with Web3
After the recent launch of the Camino Network travel-focused blockchain, legacy travel companies are looking toward a Web3 future. 
11.05 / 12:33
business regulation Europe European Union ChatGPT EU draft AI Act updated with public facial recognition ban
Lawmakers in the European Union have forwarded legislation concerning artificial intelligence (AI) to the next phase after concluding a vote from two lawmakers’ committees.
10.05 / 22:45
Law regulation Europe European Union Bitcoin Regulation UK government 3 takeaways from the European Union's MiCA regulations
The European Union has become the first major jurisdiction to pass a comprehensive crypto law, the Markets in Crypto-Assets (MiCA) regulation, which aims to provide legal certainty for the crypto industry and investors by establishing standard regulations and harmonized rules at the EU level. 
10.05 / 10:29
cryptocurrency Adoption regulation Europe Central Bank Ireland's Central Bank Governor Labels Unbacked Cryptos as Ponzi Schemes
Unbacked cryptocurrencies are more like a "Ponzi scheme" than an investment, argued Central Bank of Ireland Governor Gabriel Makhlouf - but adding that "crypto is not going away very soon."
09.05 / 05:05
regulation Europe European Union AML MICA Estonia squeezes out 400 crypto firms after new laws
Almost 400 Virtual Asset Service Providers (VASPS) have voluntarily shut down or had their authorizations revoked in Estonia following the government’s recently enhanced Terrorist Financing Prevention and anti-money laundering laws (AML) that came into effect in March.
08.05 / 13:21
Government Adoption Europe Taxes Bitcoin services Bitcoin takes flight in Liechtenstein: Minister proposes government services paid in crypto
Liechtenstein Prime Minister Daniel Risch announced plans to accept Bitcoin (BTC) as payment for government services. As reported in local news, the micro-European nation continues to embrace blockchain technologies.
04.05 / 17:01
regulation Europe Asia Examining global successes and challenges in regulating crypto: Report
The use and popularity of cryptocurrencies have significantly increased in recent years, but their decentralized nature makes them difficult to regulate, and the lack of a clear framework has led to concerns about money laundering, terrorist financing and consumer protection. Over 90 countries have introduced cryptocurrency regulations since 2014, with 28 adopting crypto-related laws in 2022.
04.05 / 10:05
Adoption Europe Asia UK Lisbon Leads the Way as the World's Premier Crypto Hub, Outranking New York and Berlin: Report
Portuguese capital takes the top spot among the world's most important crypto hubs - ahead of New York, Berlin, and Paris, according to a report by European crypto investment firm Greenfield. 
03.05 / 19:39
Government regulation Social Media Europe European Union French Senate proposal would allow influencers to promote cryptocurrency
The French Senate’s Committee on Economic Affairs recently approved an amendment to pending legislation allowing registered cryptocurrency companies to hire social media influencers for advertising and promotional purposes.
01.05 / 20:29
regulation Europe Apple European Union Kraken Framework European Union pushes forward with first AI framework: Law Decoded, April 24–May 1
Legislators in the European Union have pushed forward with a draft of a new bill designed to keep artificial intelligence technology in check. According to the bill, the high-risk tools will not be banned entirely, though they will be subjected to stricter transparency procedures. In particular, generative AI tools, including ChatGPT and Midjourney, will be obliged to disclose any use of copyrighted materials in AI training.
01.05 / 10:29
Government Law Adoption regulation Europe European Union Euro Liechtenstein adapts blockchain laws to developing crypto landscape
The blockchain and crypto industry is constantly growing and changing around the world, and the Principality of Liechtenstein is no exception. 
28.04 / 11:37
business regulation Europe copyrights European Union ChatGPT ChatGPT, Midjourney, other AI tools to make their way into EU legislation
Controversies around artificial intelligence (AI) and its use of copyrighted material have been popping up around the web left and right after a major uptick in the use of the technology for content creation. 

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