Bitcoin Blockchain and Cryptocurrency News Center
A deep dive into the EU’s Markets in Crypto-Assets regulatory proposal, which could provide a precedent for other countries. The global landscape of crypto-asset regulations is diverse and, even though it is getting more complex, many regulators are still choosing to wait and see how this space develops and what others will do. Right now, […]
Société Générale continues its crypto and blockchain experimentation by issuing a tokenized security on the Tezos network, the Cointelegraph reported. European financial behemoth Société Générale has issued a security token on the Tezos blockchain. According to an announcement on Thursday, the move constitutes the first tokenized asset offered by Société Générale. The bank stated that […]
The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said. It could be a while before European Union gets a central bank digital currency, if it gets one at all. In a Wednesday interview with Bloomberg Television, European Central Bank President Christine Lagarde laid out the complex decision-making process with which the bank will […]
An executive at the European Central Bank (ECB) has said a future digital euro initiative could save the eurozone from relying on digital currencies issued by foreign entities. In a post on Friday, ECB executive member Fabio Panetta, formerly head of the Italian central bank, said the envisioned aim of a central bank digital currency (CBDC) would […]
Crypto continues its trek into the mainstream. The European Union, or EU, plans to incorporate crypto and blockchain technology into its main processes by 2024. Over the next four years, the economic union aims to firm up fresh regulations that will promote blockchain and digital asset usage for international money transfers, according to internal documents that Reuters reported […]
Governments around the world are facing hard choices when it comes to cryptocurrency: overregulate it and risk losing the benefits to the economy, or do nothing and make themselves vulnerable to those who step up. Currently, the European Union can’t figure out what to do about Libra, the digital currency set to be released by […]
The European Commission is gathering feedback from EU citizens, businesses, regulators and other interested parties to establish a regulatory framework for crypto assets and markets on a European level. The public consultation which started in December will continue until March 19, 2020, with the finalized proposal expected in the third quarter, the news.bitcoin.com reported. EU […]
The bitcoin payments startup Bottle Pay shut down on Friday, citing the AMLD5 European Union regulation coming into effect Jan. 10, 2020. The Bottle Pay app once allowed users to send tiny amounts of bitcoin using just social media texts and handles, from Twitter to Telegram. There are roughly 974 members in the project’s Telegram group. The London-based company […]
UPDATE (Nov. 7, 2019, 16:55 UTC): The draft declaration, published online Wednesday evening, does not include any recommendations that the EU issue its own stablecoin. However, the document does leave the door open for the ECB and other central banks to “assess the costs and benefits of central bank digital currencies.”The European Union is taking a closer […]
The European Union has officially launched the International Association of Trusted Blockchain Applications (INATBA) — with IBM, Accenture and Deutsche Telekom among the 100-plus members to have signed the association’s charter at a ceremony at the European Commission (EC) in Brussels on April 4, the CoinTelegraph writes. INATBA was legally formed last month as an offshoot of the EU’s European […]