Bank of Spain embraces ‘digital euro,’ explains its benefits
The digital euro will make electronic payments a vital piece of the financial system, the statement claims.
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European Central Bank Moves Forward on CBDC Project After Concluding 2-Year Research Phase
On October 18, the ECB Governing Council stated that it had decided to move to the next phase of the digital euro project. The move into the preparation phase for…
Binance shutting down European Visa debit card in December
Mastercard ended its partnership in Latin America and Bahrain with Binance in September, possibly due to the regulatory environment.
European Banking Authority, ESMA issue crypto entity suitability guidelines
The joint guidelines include granting authorization for ART and CASP issuance and conducting prudential assessments for potential acquisitions.
EU data protection regulators urge anonymity for smaller transactions in digital euro
The European Data Protection Board and the European Data Protection Supervisor issued a joint opinion statement on the regulation of “digital euro.”
Finland works on instant payments system, embraces digital euro
The Bank of Finland actively promotes the development of new forms of payment.
Council of Europe adopts DAC8 crypto tax reporting rule
The eighth iteration of the Directive on Administrative Cooperation was formally adopted by the Council of the European Union
UK to target potential AI threats at planned November summit
The summit scheduled for Nov. 1–2 will place significant emphasis on the potential existential threat that AI represents, a concern shared by several legislators.
Scammers prefer banking customers over crypto investors in Ireland: Report
To date, Irish authorities managed to recover approximately 4 million euros of the 20 million euros lost in banking scams since January 2023.
European regulators assess DeFi risks, Uniswap launches Android wallet: Finance Redefined
EU securities regulators have their eyes on DeFi, and the top 100 DeFi tokens had mixed price action over the past week, with most trading in a tight range.
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