‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament

January 26, 2023 Bitcoin.com

Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets and are expected to enter into force in January, 2025. EU Legislators Approve Draft Law Implementing the Basel III Capital Regulations for Banks Members of […]

Sui, Franklin Templeton launch ecosystem partnership

Key EU Parliament Committee Approves MiCA Deal to Regulate Crypto

October 12, 2022 Bitcoin.com

approval

European Parliament’s economic committee has backed the adoption of the comprehensive Markets in Crypto Assets (MiCA) regulation. It has also supported the introduction of rules for tracing cryptocurrency transfers, part of the latest EU anti-money laundering push. European Union’s MiCA Crypto Law Passes Another Hurdle Before Final Adoption The European Parliament Committee on Economic and […]

Sui, Franklin Templeton launch ecosystem partnership

EU Council Endorses Markets in Crypto Assets (MiCA) Legislation

October 6, 2022 Bitcoin.com

approval

Council of the EU, one of the European Union’s legislative bodies, has approved the proposed regulatory framework for the European crypto space. It’s now up to European lawmakers to approve the Markets in Crypto Assets package before its final adoption. Comprehensive Crypto Regulation Moves Closer to Adoption in EU The Committee of Permanent Representatives (COREPER) […]

Sui, Franklin Templeton launch ecosystem partnership

EU Officials Want European Banking Authority To Keep List of Crypto Companies at Risk of Criminal Activity

April 3, 2022 The Daily Hodl

Brian Armstrong

Members of the European Parliament (MEPs) are urging banking authorities to keep track of crypto services that could be used to conduct crime. According to a press release, MEPs have adopted new rules mandating the European Banking Authority (EBA) to create a registry of crypto businesses that are at risk of money laundering, terrorism finance […]

The post EU Officials Want European Banking Authority To Keep List of Crypto Companies at Risk of Criminal Activity appeared first on The Daily Hodl.

Sui, Franklin Templeton launch ecosystem partnership

EU Lawmakers Back Regulation Threatening Unhosted Crypto Wallets, Defi Space

April 1, 2022 Bitcoin.com

Bitcoin

Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance (defi) sector in the EU. Some of its provisions, which are yet to be coordinated with other European institutions, aim to introduce restrictive measures for transactions involving privately managed crypto wallets. EU Parliament Moves to Introduce Verification for Defi […]

Sui, Franklin Templeton launch ecosystem partnership

European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision

March 27, 2022 Bitcoin.com

Ban

The Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next stage of the EU’s legislative process. Proponents of a controversial text prohibiting proof-of-work (PoW) cryptocurrencies, which was recently dropped from the draft, did not take an opportunity to block the draft’s progress. EU Parliament, Commission […]

Sui, Franklin Templeton launch ecosystem partnership

Europe’s MiCA Crypto Rules Submitted, ECON Committee to Vote in Mid-March

March 9, 2022 Bitcoin.com

bitcoin.com

The European Union’s regulatory proposal for crypto markets, MiCA, has been filed with the European Parliament. The latest version of the draft framework does not feature a controversial provision that could have effectively prohibited cryptocurrencies like bitcoin that rely on proof-of-work mining. Economic and Monetary Affairs Committee to Vote on Latest MiCA Draft on March […]

ECON

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