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Brussels Wants All Crypto Service Providers to Report Transactions of Europeans

Brussels Wants All Crypto Service Providers to Report Transactions of EuropeansThe European Commission has set out to oblige platforms processing crypto transactions for EU residents to share information with tax authorities in the Union. According to the proposal, all crypto service providers, regardless of where they are based, will have to abide by the new rules. EU to Consider New Reporting Requirements for Crypto Platforms […]

CFTC commissioner urges US crypto policy reforms

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 […]

CFTC commissioner urges US crypto policy reforms

ECB Raises Benchmark Rate by 75bps and Tones Down Long-Term Refinancing Operations

ECB Raises Benchmark Rate by 75bps and Tones Down Long-Term Refinancing OperationsOn Thursday, the European Central Bank (ECB) announced the central bank’s third consecutive benchmark bank rate increase this year, raising the rate by 75 basis points (bps). In addition to the rate hike, the ECB changed the central bank’s targeted longer-term refinancing operations terms and conditions noting that they need to be “recalibrated.” ECB Hikes […]

CFTC commissioner urges US crypto policy reforms

Euro Area Annual Inflation Jumps to 9.9% in September, Cost of Bread Skyrockets, Protests Erupt

Euro Area Annual Inflation Jumps to 9.9% in September, Cost of Bread Skyrockets, Protests EruptAccording to the European Union’s statistics office Eurostat on Wednesday, Euro area annual inflation is up to 9.9% in September, up from 9.1% in August. The inflation rate in September tapped a 40-year high, and investors suspect that the eurozone is “at risk of a financial meltdown.” European Union’s Consumer Price Index Taps a 40-Year […]

CFTC commissioner urges US crypto policy reforms