Finnish regulators tighten the screw on virtual currency marketing
The Finnish Financial Supervisory Authority published stricter rulings regarding crypto marketing.
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Eurosystem Approves New Oversight Framework Concerning Crypto Services
The monetary authority of the euro area, the Eurosystem, has introduced a new framework for overseeing electronic payments, including services related to crypto assets. The new set of rules will…
Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto Mining
The government in Norway is considering ways to limit the environmental impact of cryptocurrency mining and may support Swedish proposals to that end, including a European ban on proof-of-work mining.…
Digital Euro as a Legal Tender in The EU Area Is a Likely Outcome, Says Top ECB Official
Fabio Panetta – Member of the Executive Board of the European Central Bank – revealed that the digital version of the euro might become a legal tender inside the European…
Austria Plans to Treat and Tax Cryptocurrencies Like Stock Investments: Report
The Austrian authorities will reportedly tax bitcoin and the altcoins with the same percentage rate as mainstream stock and bond investments starting from March next year. Bitcoin to Be Like…
Swedish Regulators Call for EU Ban on Crypto Mining, Power Company Defends Industry
Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would…
Slovenia Launches Public Consultations on Crypto Taxation Law
Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted…
BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals
As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY…
US crypto trading Voyager Digital granted European trading license
Voyager Digital is expected to roll-out their mobile trading platform in Europe in Q1 2022.
Europe Now World’s Biggest Crypto Economy: Boasts Over $1T Worth of Transactions
Central, Northern, and Western Europe (CNWE) has grown into the world’s largest cryptocurrency economy since July 2020. The region experienced a massive increase in trading activity since then– particularly in…