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Brussels Set to Begin Talks on EU Crypto Tax, Report Reveals

Brussels Set to Begin Talks on EU Crypto Tax, Report RevealsThe European Commission is preparing to discuss with member states the adoption of a common tax regime for crypto assets, European officials have indicated. The talks with national treasuries are expected to start next year with the aim to end the differentiated tax treatment of cryptocurrencies across the bloc’s 27 jurisdictions. European Union to Consider […]

Crypto Fear & Greed Index Jumps Back into Greed Territory

Brussels to Put Out Digital Euro Law Shortly, ECB’s Lagarde Says

Brussels to Put Out Digital Euro Law Shortly, ECB’s Lagarde SaysThe European Commission is going to present a legislative proposal for a digital euro in the near future, President of European Central Bank Christine Lagarde has indicated. EU legislators are expected to define the new currency’s legal tender status and determine its privacy features. EU Commission to Propose Legislation for Eurozone’s Digital Currency Authorities in […]

Crypto Fear & Greed Index Jumps Back into Greed Territory

Brussels to Spur Rollout of Instant Payments in Euro, Proposes Legislation

Brussels to Spur Rollout of Instant Payments in Euro, Proposes LegislationThe European Commission has approved a proposal to accelerate the introduction of euro instant payments. The technology is there and Europeans should be able to send and receive money immediately, the executive body said, revealing its intentions to push the industry toward wide adoption. EU Moves to Make Instant Payments Widely Available Throughout Europe A […]

Crypto Fear & Greed Index Jumps Back into Greed Territory

EU Financial Services Head Calls on the US To Create Global Crypto Laws and Regulation: Report

EU Financial Services Head Calls on the US To Create Global Crypto Laws and Regulation: Report

The Financial Services Commissioner of the European Union (EU) is reportedly urging the US to come up with crypto regulations that could apply globally. According to a new report by the Financial Times, EU Financial Services Commissioner Mairead McGuiness is calling upon the US to lead the way when it comes to crypto regulations that […]

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Crypto Fear & Greed Index Jumps Back into Greed Territory

EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy

EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian EnergyAuthorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as the EU faces limited energy supplies from Russia, the reliance on which it has been trying to lower. New energy efficiency labeling is to address the growing electricity usage in the crypto sector. EU to Develop Energy Efficiency Label for […]

Crypto Fear & Greed Index Jumps Back into Greed Territory

EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look at Global Regulation of Crypto’

EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look at Global Regulation of Crypto’The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislating … We need to look at global regulation of crypto,” said the commissioner. EU Commissioner Calls on U.S. Lawmakers to Establish New Crypto Rules Mairead […]

Crypto Fear & Greed Index Jumps Back into Greed Territory

FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues

FX Strategists From Citi Say Euro Could Sink to alt=While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13, the fiat currency is rising again and market strategists from Citi argue that the […]

Crypto Fear & Greed Index Jumps Back into Greed Territory

Localbitcoins, Crypto.com, Other Providers Suspend Services for Russians Under EU Rules

Localbitcoins, Crypto.com, Other Providers Suspend Services for Russians Under EU RulesComplying with the latest EU sanctions targeting Russia, well-known cryptocurrency platforms like Localbitcoins, Blockchain.com, and Crypto.com have started to restrict or terminate services for Russian accounts. The moves follow the adoption of new European penalties in response to Moscow’s military escalation in Ukraine. Major Crypto Platforms Conform to EU Measures, Restrict Services for Russian Users […]

Crypto Fear & Greed Index Jumps Back into Greed Territory

Crypto Exchanges Still Available to Russians Despite Latest EU Sanctions, Report Unveils

Crypto Exchanges Still Available to Russians Despite Latest EU Sanctions, Report UnveilsA list of crypto exchanges, including global platforms, have not introduced new restrictions on Russian users after the EU’s most recent sanctions round, Russian crypto media reported. The latest European penalties target an array of crypto-related services to increase pressure on Russia amid an escalating conflict in Ukraine. Major Exchanges Continue to Work in Russia […]

Crypto Fear & Greed Index Jumps Back into Greed Territory

Key EU Parliament Committee Approves MiCA Deal to Regulate Crypto

Key EU Parliament Committee Approves MiCA Deal to Regulate CryptoEuropean 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 […]

Crypto Fear & Greed Index Jumps Back into Greed Territory