UBS’s acquisition of Credit Suisse brings some good and bad for crypto
Many in Switzerland have said that UBS’ takeover of Credit Suisse was necessary to avoid a calamitous banking crisis like that seen in 2008.This post was originally published on this site
European DeFi startups saw 120% increase in VC investment in 2022: Data
Despite the ongoing tumultuous market conditions, VC investments in European crypto startups hit an all-time high of $5.7 billion in 2022.This post was originally published on this site
G7 to collaborate on tighter crypto regulation: Report
Leaders from Japan, the United States, the United Kingdom, Canada, France, Germany, and the European Union are expected to outline a global cooperative strategy for digital assets in May. This post was originally published on this site
European Parliament votes to form final law on EU digital wallet
Introduced in 2021, the European Digital Identity framework aims to enable and protect digital identity of EU citizens.This post was originally published on this site
Euro Parliament approves Data Act that requires kill switches on smart contracts
The act would encourage data sharing, but it imposes requirements for smart contracts used in this setting that have alarmed members of the crypto community.This post was originally published on this site
EU Commission to ensure ‘healthy competition’ in the Metaverse
Margrethe Vestager, the executive vice president of the European Commission, stressed the need to anticipate and plan for changes in technological advancements.This post was originally published on this site
Solana faces ‘lack of appetite’ from US regulators, says Austin Federa
The Solana Foundation’s head of strategy said he had heard from projects facing “pretty draconian” rules in the European Union related to liability of illicit crypto transactions.This post was originally published on this site
The limitations of the EU’s new cryptocurrency regulations
By the time MiCA makes it through the EU, will it be enough to effectively regulate the crypto industry on the continent? This post was originally published on this site
Opinion: Should Bored Ape buyers be legally entitled to refunds?
It isn’t clear whether a 25-year-old European Union law means you should be allowed to get refunds on your NFTs.This post was originally published on this site
‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament
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 […]