EU


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EU Watchdog Wants to Address Threat Crypto Assets Could Pose to Financial System

The European Systemic Risk Board is looking into measures and policies to address the potential threat that crypto assets could present to the global financial system.

The EU flag (Christian Lue/Unsplash)

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No AML Checks For Most Transfers To Unhosted Crypto Wallets, EU Policymakers Decide

A Wednesday meeting secured a final deal on anti-money laundering legislation for crypto transfers and largely overturned a proposal from the EU Parliament to impose laundering checks on all payments to private wallets.

After intense discussions inside this room in Brussels, policymakers in the European Union have finally agreed on anti-money laundering rules for crypto transactions. (Jack Schickler/ CoinDesk)

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NFT, Private Wallet Fates Hang on EU Crypto Talks This Week

Officials could this week finalize controversial privacy and licensing rules for the sector – once they decide how to treat NFTs and unhosted wallets.

The European Parliament is set to make key decisions on crypto privacy and NFTs this week. (Laura Zulian Photography/Getty Images)

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Brussels’ Fledgling Crypto Industry Flexes Its Muscles

The city that hosts the EU also wants to influence it, with key decisions upcoming on the regulation of NFTs and DeFi.

Participants at Brussels Blockchain Week included, left to right, Laurent Godts, Deloitte; Florian Ernotte; Christophe de Beukelaer; Marc Toledo, Bit4You (Jack Schickler/CoinDesk)

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Luna Only Makes Bermuda Love Stablecoins More

Digital assets are the future, Bermuda Premier David Burt said during the Consensus 2022 conference. He’s not worried about his country being shut out by jurisdictions like the EU.

Bermuda Premier David Burt speaks at Consensus 2022 about how stablecoins will be regulated in his country. (Jack Schickler/CoinDesk)

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Outgoing French Lawmaker Calls for Fossil-Based Crypto Mining Ban, DAO Legal Status

Europe needs to stop dithering and capture the crypto opportunity, Pierre Person says.

France's National Assembly in Paris (Edward Berthelot/Getty Images)

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Antsy Lithuania Latest to Anticipate EU Crypto Law With One of Its Own

Ministers don’t want a crypto disaster to happen while they’re waiting for Brussels lawmakers to dot the i’s on landmark MiCA legislation, but some warn their plans could wreck the sector.

Vilnius, the capital of Lithuania, the latest country to seek to anticipate EU crypto laws (Westend61/Getty Images)

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Crypto Exchanges Should Lose Licenses for Laundering Breaches, EU Regulators Say

The advice comes as legislators reach the closing stages of the landmark crypto MiCA law.

The EU wants to get tough on money laundering after a string of scandals. (Caspar Benson/Getty Images)

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G-7 Finance Ministers Call to Accelerate Global Crypto Regulations Following UST Collapse: Report

G-7 officials meeting in Germany want the Financial Stability Board to act more quickly, says a Reuters report.

Klaas Knot (Horacio Villalobos/Corbis/Getty Images)

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EU Commission Favors Ban on Large-Scale Stablecoins; Global Crypto Regulatory Body Coming Soon?

According to a document seen by CoinDesk, the European Commission is considering a ban on the widespread use of stablecoins in place of fiat currency. "The Hash" hosts discuss the details of the document and what it means for the future of EU markets and beyond. Plus, a joint body tasked with coordinating global crypto regulation is needed, according to International Organization of Securities Commissions Chair Ashley Alder. Could this become a reality?

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