EU Deploys Dedicated Crypto Task Force to Block Russian Evasion
The new crypto task force will be part of a new sanctions office that will coordinate how national authorities apply the rules to avoid circumvention of these measures using digital…
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France Goes Against the ECB on Stablecoin Rewards in MiCA Review
The crypto industry has gained an unexpected supporter in its battle for stablecoin rewards in the EU. Four French financial authorities have urged the European Commission to allow these rewards…
MEXC Cuts off Russia and Belarus Support as EU Crypto Walls Close In
MEXC is ending services for users in Russia and Belarus, a short service update confirmed on Oct. 20, citing nothing more specific than “global compliance.” Four Paragraphs but No Clear…
EU Joins 8 Nations to Sign Warsaw Protocol on Crypto Crime
The new treaty modernizes the Warsaw Convention treaty, adding crypto assets to its scope and expanding the attributions of financial intelligence units over these assets, highlighting the importance of international…
Circle’s USDC Is First to Cross Europe’s Stablecoin Threshold
Circle’s USDC has become the first stablecoin classified as a significant e-money token by the European Banking Authority (EBA), separating it from 44 other notified e-money tokens in the European…
50,000 Europeans Reportedly Collide With EU Central Banks Over Stablecoins
European crypto asset advocacy group Stand With Crypto EU claims more than 50,000 people emailed the European Commission asking it to allow various stablecoin perks that European central banks asked…
ESMA Prioritizes MiCA and Crypto Oversight in 2027 Work Program
The institution has placed crypto-assets and distributed ledger technology as a pillar of its 2027 work program, focusing on achieving supervisory convergence for crypto-asset service providers under MiCA and deepening…
AI Threat: Web3 Told to Add Spending Caps and Circuit Breakers Onchain
European Union regulators warned that quantum computing threats could emerge earlier than commercial applications, urging financial entities to move away from legacy cryptography. An expert says protocols must replace vulnerable…
$228B Raiffeisen Bank Opens Crypto Door to 18 Million Customers
According to the European digital investment platform Bitpanda, the 99-year-old financial institution, Raiffeisen Bank International, is preparing the plumbing that could put crypto trading inside banking apps used by as…
WSJ: Lagarde Blocked Binance’s EU License and Left It Locked Out
The Wall Street Journal reported Friday that European Central Bank President Christine Lagarde personally intervened to keep Binance out of the European Union. Three months after the bid collapsed, the…
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