Elon Musk Exposes Secret EU Censorship Deal Proposal
Tesla CEO Elon Musk has disclosed that the European Commission (EC) offered his social media platform, X, a covert deal to censor speech in exchange for avoiding fines related to…
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Italy Prepares to Issue Guidelines on Implementing EU Crypto Regulation
Italy’s central bank will soon release guidelines on implementing the European Union’s Markets in Crypto Assets Regulation (MiCA) Regulation to ensure the payment system’s regular functioning, Bank of Italy Governor…
EU–US Financial Forum Highlights Cooperation on Crypto Regulation
The EU–U.S. Joint Financial Regulatory Forum took place last week, with participants exchanging views on topics of mutual interest as part of their regular financial regulatory dialogue. The dialogue was…
Circle’s Stablecoins Now MiCA Compliant
Circle has announced that its stablecoins, USDC and EURC, are now compliant with the EU’s Markets in Crypto Assets (MiCA) regulation. This compliance allows Circle to natively issue these stablecoins…
The Two-Class System of Regulation Plaguing Europe
In the rapidly evolving landscape of digital finance, the emergence of crypto assets has introduced unprecedented challenges as well as opportunities for regulators who provide proactive frameworks across the globe.…
Binance Announces Restrictions on Unauthorized Stablecoins in EU to Comply With MiCA Regulations
Crypto exchange Binance announced Monday its strategy to comply with the forthcoming Markets in Crypto Assets Regulation (MiCA) stablecoin rules, set to take effect on June 30 across the European…
Economist Jim Rickards: The Global Clearance and Settlement System Might Collapse After Seizure of Russian Assets
Jim Rickards, an economist and author of the best-selling book ‘Currency Wars,’ has issued an alert about the possible collapse of the global clearance system. In a recent interview, Rickards…
Companies Turn to Crypto for Payments as G7 and EU Mull Sanctions on Russian SWIFT Equivalent
Some Russian companies have turned to using crypto to settle payments and protect themselves from potential secondary sanctions from Western countries. At least two top metal producers have transacted using…
Kraken Starts Requiring Info on Self-Custody Crypto Wallet Ownership in the UK
Kraken, a U.S.-based cryptocurrency exchange, has started requiring additional information in the U.K. regarding transactions of self-custody wallets made to and from its accounts. Kraken sent an email to some…
EU backs Data Act with clause to shut off smart contracts
The Act, inclusive of a clause necessitating “kill switches” on smart contracts, only now needs approval from the European Council to pass into law.