EU
JPMorgan: Coinbase Would Benefit From ETH Merge; EU Lawmakers Seek to Cap Banks’ Bitcoin Holdings
Crypto exchange Coinbase (COIN) is positioned to benefit from the Ethereum Merge as clients get value from staking ether (ETH), JPMorgan analyst Kenneth Worthington said. European Union banks exposed to crypto would face caps and hefty capital requirements under proposed amendments to a financial-services law published Wednesday.

EU Commission Favors Ban on Large-Scale Stablecoins; Global Crypto Regulatory Body Coming Soon?
According to a document seen by CoinDesk, the European Commission is considering a ban on the widespread use of stablecoins in place of fiat currency. "The Hash" hosts discuss the details of the document and what it means for the future of EU markets and beyond. Plus, a joint body tasked with coordinating global crypto regulation is needed, according to International Organization of Securities Commissions Chair Ashley Alder. Could this become a reality?

Crypto Industry Reacts to EU Regulatory Control
Joshua Ellul, director of the Centre for Distributed Ledger Technology, shares insights into the current state of crypto regulation in the European Union as anti-privacy legislation is put forward in the European Parliament.

Decentralization and Data Privacy: What a Digital Euro Should Prioritize
HEC Paris Affiliate Professor Marina Niforos discusses the European Union’s plans for a digital euro, addressing user privacy concerns of a centralized digital currency. Plus, a conversation on financial inclusion and why the Russia-Ukraine crisis has affected how Europeans view security and data sovereignty.

SEC Rejects Ark 21Shares Bitcoin ETF Application
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses the U.S. Securities and Exchange Commission’s (SEC) continued streak of rejecting bitcoin spot ETF proposals, the most recent being Ark 21Shares' application. Plus, a conversation on new legislation in the European Union (EU) aiming to enforce a travel rule on international crypto transactions.

EU to Restrict Crypto Transactions, CFTC Eyes ‘Digital Commodity’ Regulation
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses why the European Parliament voted to move forward with a set of restrictive crypto policies, citing concerns regarding illicit activities. Plus, a recap on the House Agriculture Committee's hearing and the CFTC's involvement in regulating crypto.

Risk-Off Sentiment in Crypto Markets Following EU Parliament Vote
Jason Guthrie, WisdomTree head of digital assets for Europe, discusses his take on the recent sell-off in the crypto markets following the European Parliament passing legislation to ban anonymous crypto transactions. Plus, a conversation about President Biden’s digital asset executive order and how regulation could drive mainstream crypto adoption.

EU Parliament Passes Privacy-Busting Crypto Regulation
The European Union (EU) has moved forward with controversial measures to ban anonymous cryptocurrency transactions and possibly prohibit crypto exchanges between the EU and tax havens. “The Hash” group discusses if this framework will be signed into law and the ongoing issues with efforts to fit crypto into existing regulatory structures.


