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Europe

EU wants banks to back every digital asset held with fiat in new prohibitive measures
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30 January, 2023

EU wants banks to back every digital asset held with fiat in new prohibitive measures

EU legislators voted in favor of a draft bill that seeks to impose new prohibitive measures to curtail banks’ involvement...
European law enforcement unravels digital asset scam ring
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18 January, 2023

European law enforcement unravels digital asset scam ring

The raid resulted in the seizure of $1 million worth of digital assets, luxury apartments, and three cars, with over...
A boost for blockchain infrastructure as EU passes Digital Decade policy program
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28 November, 2022

A boost for blockchain infrastructure as EU passes Digital Decade policy program

Initially proposed by the European Commission in March 2021, the policy program sets up a monitoring and cooperation mechanism to...
European financial regulators call for increased regulation of digital asset
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15 November, 2022

European financial regulators call for increased regulation of digital asset

The Financial Stability Board has previously adopted a passive stance on the asset class, stating that while digital assets are...
UAE attracts blockchain firms in Asia, Europe with financing and residency
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24 October, 2022

UAE attracts blockchain firms in Asia, Europe with financing and residency

The kingdom of United Arab Emirates has set up an ambitious goal to become a global blockchain hub, searching for...
Norway weighs scrapping subsidized electricity prices for block reward miners
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13 October, 2022

Norway weighs scrapping subsidized electricity prices for block reward miners

The Minister of Finance in Norway proposed reverting to the original power prices for BTC miners after the 2016 subsidy...
EU bans all digital asset transactions to Russia
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12 October, 2022

EU bans all digital asset transactions to Russia

Digital asset transactions from Europe to Russia had been capped at $9,900, but the European Union says there was still...
European Parliament agrees on new laws covering stablecoins, unbacked digital assets and exchanges
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12 October, 2022

European Parliament agrees on new laws covering stablecoins, unbacked digital assets and exchanges

The effort signifies the European Union’s renewed urgency in ensuring that European law addresses issues posed by digital assets.
Germany’s DZ Bank to offer custodial services for the digital euro, other virtual assets
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8 October, 2022

Germany’s DZ Bank to offer custodial services for the digital euro, other virtual assets

Seeking to address client demands amid soaring digital asset adoption rates, DZ Bank will offer custody services from scratch that...
EU seeks to simplify digital asset tax rules and streamline collection
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6 October, 2022

EU seeks to simplify digital asset tax rules and streamline collection

The European resolution calls for a "clear and broadly accepted definition of crypto assets and for a coherent definition of...
EU banking regulator concerned about finding staff to oversee digital assets: report
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1 August, 2022

EU banking regulator concerned about finding staff to oversee digital assets: report

European Banking Authority chairman José Manuel Campa envisions challenges in hiring and retaining the specialized staff that will be needed...
Andorra’s ‘Digital Assets Bill’ to regulate digital assets and create CBDC
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22 July, 2022

Andorra’s ‘Digital Assets Bill’ to regulate digital assets and create CBDC

The proposed Digital Assets Bill lays the legal framework for the government to launch its own token and regulate private...