European Union Financial News

17.03 / 19:39

Law regulation European Union ‘If a government bans drugs, it should also ban crypto’ — Belgium’s former finance minister

Johan Van Overtveldt, a member of the European Parliament and the former Minister of Finance of Belgium, has called for a “strict ban” on crypto as a result of the current banking crisis.

16.03 / 20:03

Climate change European Union Ukraine war Brussels, my love: The EU's reponse to the Inflation Reduction Act and the war in Ukraine

The Euronews Brussels bureau brings you its latest episode of a new talk show that aims to break down European news and politics to make it more accessible to viewers.

16.03 / 17:03

CBDC regulation wallet Europe European Union European Parliament votes to form final law on EU digital wallet

European lawmakers are moving forward with the introduction of a European Union-wide digital wallet by passing a plenary vote on moving the initiative to interinstitutional negotiations.

14.03 / 23:25

regulation European Union Smart Contracts Europarliament approves Data Act that requires kill switches on smart contracts

The European Parliament passed the Data Act on March 14. The comprehensive bill was intended to “boost innovation by removing barriers obstructing access to industrial data.” Among its provisions is an article that would require smart contracts to be alterable.

08.03 / 23:35

markets Blockchain Europe Tokens European Union Is security tokenization the 'Amazon-moment' for blockchain technology?

Blockchain technology is like a Swiss Army knife that can provide different solutions depending on the problem. Over the past decade, the use cases for blockchain technology have grown from money and payments to decentralized exchanges and nonfungible tokens. Right now, it looks like the next major blockchain use case will be tokenized stocks.

08.03 / 11:03

Adoption regulation Europe European Union legislation EU Commission to ensure 'healthy competition' in the Metaverse

Considering the regulatory struggle to keep up with ever-evolving innovations, Margrethe Vestager, the executive vice president of the European Commission, recommended a headstart into brainstorming implications of technologies such as the Metaverse and ChatGPT.

03.03 / 23:27

regulation solana European Union US regulators Solana faces 'lack of appetite' from US regulators, says Austin Federa

Austin Federa, head of strategy at the Solana Foundation, spoke to Cointelegraph at the ETH Denver conference on the network's outages, the impact of regulation, and the launch of its mobile device.

03.03 / 17:57

Stablecoin Adoption Europe Tether coinbase European Union Euro Backed Regulation and risk: Factors driving demand for a euro-backed stablecoin

Stablecoins are a type of cryptocurrency offering investors price stability. The most popular stablecoins are those backed by the United States dollar — the world’s leading reserve currency. Others are less popular and not widely used, so many may not have heard of alternatives if they haven’t searched for them.

25.02 / 17:11

Government Law Adoption regulation Europe European Union Bitcoin Regulation new cryptocurrency The limitations of the EU’s new cryptocurrency regulations

The final vote on the European Union’s much-awaited set of crypto rules, known as the Markets in Crypto Assets (MiCA) regulation, was recently deferred to April 2023. It was not the first delay — previously the European lawmakers rescheduled the procedure from November 2022 to February 2023.

16.02 / 13:01

Adoption regulation Europe privacy European Union European Union discusses using zero-knowledge proofs for digital IDs

The European Union is famous for its ambivalent relationship with privacy — on the one hand, it was the first place in the world to apply strict data protection regulations. On the other, its central bank digital currency (CBDC) project lacks the anonymity standards of private cryptocurrencies.

15.02 / 23:39

regulation European Union regulatory EC launches blockchain regulatory sandbox for 20 projects annually through 2026

The European Commission announced the launch of the European Blockchain Regulatory Sandbox on Feb. 15. The sandbox will provide a space for regulatory dialog for 20 projects per year through 2026.

13.02 / 20:00

Law regulation European Union Banks Proposed EU parliament rule could have banks apply 1,250% risk weight to crypto exposure

The European Parliament has released a report on a draft bill proposing that banks holding cryptocurrencies set aside a large amount of capital in an effort to address potential risk.

30.01 / 20:59

Government Law NFT Europe European Union UK government Opinion: Should Bored Ape buyers be legally entitled to refunds?

Should people who purchase nonfungible tokens (NFT) be entitled to refunds if they decide they don’t like their digital pictures? Some Europeans are beginning to make that case under a 25-year-old law.

25.01 / 01:37

Law regulation Europe European Union lawmakers EU lawmakers vote for more restrictive capital requirements on banks holding crypto

The Economic and Monetary Affairs Committee of the European Parliament has voted for measures requiring banks holding cryptocurrencies to set aside a punitive amount of capital.

18.01 / 14:23

regulation Europe European Union Time EU postpones final vote on MiCA for the second time in two months

The final vote on European Union’s much-awaited crypto regulations called Markets in Crypto Assets regulation (MiCA) was deferred to April 2023. This marks the second delay in the final vote, earlier deferred from November 2022 to February.

16.01 / 12:33

Blockchain Adoption Europe European Union Cross-border Cross-border crypto scammers on the hit list for EU agencies

By the end of 2022, scammers shifted their focus to duping crypto investors who desperately tried to recoup their year-long losses. An international law enforcement operation led by European government agencies joined crypto entrepreneurs and businesses to curb cross-border crypto scams since July 2022, uncovering a criminal network operating through call centers.

12.01 / 15:13

European Union Russia to sent new Soyuz capsule after ISS damaged by tiny meteoroid

Russia said on Wednesday it would launch another Soyuz spacecraft next month to bring home two of its own cosmonauts and a US astronaut from the International Space Station after their original capsule was struck by a micrometeoroid and started leaking.

11.01 / 20:11

European Union Police Ukraine war: Poland to send Kyiv 'a company of Leopards' and six other top developments

Poland has decided to send Leopard tanks to Ukraine as part of an international coalition, the Polish president said on Wednesday, as Warsaw seeks to play a leading role in reaching a consensus among Western allies on such support.

10.01 / 11:05

European Union pension reform Making France work until 65: PM to unveil controversial new pension reform

French Prime Minister Elisabeth Borne on Tuesday will unveil the details of a hugely controversial pension reform project to raise the retirement age to 65.

10.01 / 11:05

European Union Influencer Romania court to hear 'misogynist influencer' Andrew Tate detention appeal

A Romanian court is due to rule on Tuesday on a challenge filed by Andrew Tate, an internet personality notorious for hate speech, against his 30-day arrest for alleged human trafficking and formation of an organised crime group to exploit six women.

06.01 / 05:37

Law Europe European Union French central bank governor pushes for crypto licensing ahead of EU laws

Francois Villeroy de Galhau, the Bank of France’s governor, has urged for more stringent licensing requirements for crypto companies in France, citing the current turmoil in the crypto markets.

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