EU
Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says
A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector grow, Miguel Fernández Ordóñez said during a European Parliament hearing on a digital euro.

EU Lawmakers Call to Reduce Tech Dependency on Other Countries With Metaverse Strategy
The European Parliament's Committee on Internal Market and Consumer Protection wants the bloc to take the lead on shaping virtual worlds according to EU values.

The Global Movement to Promote Crypto Tax Transparency — What You Need to Know
In Europe and the U.S., there are a host of initiatives placing new requirements on participants in digital asset markets to report on transactions and meet other new provisions.

EU Parliament Approves Data Act With Smart-Contract Kill Switch Provision
The final version of the bill's text, reviewed by CoinDesk in July, revealed that it contained a smart-contract kill switch clause.

EU Banking Watchdog Seeks Feedback on Draft Liquidity, Capital Rules for Stablecoin Issuers
Consultations on relevant rules will run until Feb. 8, 2024, the European Banking Authority said.

Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage
The crypto trading platform for EU will open in "coming weeks," said the company.

Spain Brings Forward MiCA Crypto Rules by Six Months After EU Pressure
The government said it hopes the move, potentially affecting the likes of Binance and Coinbase, will bring greater regulatory clarity.

Crypto Shareholder Requirements Set Out by EU Banking Regulators
Controls on staff bonuses at crypto exchanges and wallet providers are also planned as the bloc prepares for its landmark crypto law, MiCA.

U.S. Risks Unleashing Second 'Eurodollar' Market if It Dallies on Stablecoin Regulation
Europe's regulatory certainty may attract the USD stablecoin market, Jón Egilsson, former chair of the Icelandic Central Bank and co-founder of Monerium, writes.

Coinbase Picks Ireland for EU Hub With MiCA Law Set to Open European Market
Forthcoming European laws known as MiCA will allow the exchange to serve the entire EU bloc with a single license.
