European Union

European Union

Policy

Stricter MiCA rules could thin crypto industry across the EU, says Swiss wealth manager

Crypto wealth manager Swissborg gets MiCA approval and prepares to move its European operations to France while targeting growth in markets including Germany, Italy and Spain.

EU. (Credit: Guillaume Périgois-Unsplash/Modified by CoinDesk)

Finance

European Central Bank unveils tokenized finance plan to bolster EU's financial autonomy

The Appia roadmap for a euro-based tokenized financial system is part of the European Union’s push to reduce reliance on foreign financial infrastructure.

ECB headquarters Germany. (Photo: Thomas Wolf-Wikimedia Commons/Modified by CoinDesk)

Finance

EU banks’ euro-pegged stablecoin in talks with crypto exchanges to ensure liquidity

Qivalis is a group of 12 major EU banks developing a euro-pegged stablecoin they plan to debut in the second half of the year.

BBVA (Photo by Franco Baldoni-Unsplash/Modified by CoinDesk)

Policy

EU at risk of falling behind the U.S. in tokenization rules, digital asset firms warn

The EU must fix its pilot regime now or watch capital markets shift permanently to the U.S., a group of blockchain firms warned policymakers on Thursday.

european-justice-shutterstock_10493053

Finance

Spanish lender BBVA joins EU banks' stablecoin venture to challenge digital dollars

The $800 billion-asset bank is the 12th to join Amsterdam-based Qivalis, which aims to introduce a euro-pegged token this year.

The EU seeks to put savings caps on the digital euro.

Policy

ECB gains backing from Council of EU for caps on digital euro holdings

Concerned that a CBDC will drain funds from traditional banks, regulators are considering caps on how much digital euro citizens can hold to ensure it's purely for payments.

The EU seeks to put savings caps on the digital euro.

Finance

BNP Paribas Joins EU Bank Stablecoin Venture Helmed by Ex-Coinbase Germany Exec

The group of 10 banks plans to introduce its euro stablecoin next year under a new Dutch entity named Qivalis.

The EU seeks to put savings caps on the digital euro.

Opinion

Merz and Macron Are Right. The Internet of Value Needs Global Stablecoin Alignment

Stablecoins, the fastest-growing part of digital finance and crypto, will only fully succeed if regulators match their borderless design with cross-border collaboration, argues Patrick Hansen, the Senior Director of Strategy & Policy at Circle.

The EU seeks to put savings caps on the digital euro.

Policy

Digital Euro a Necessary Tool During Major Disruptions, Says ECB

A Eurozone CBDC could provide business continuity in the event of a cyberattack on banks or other payment providers

European central bank (Maryna Yazbeck/Unsplash)

Policy

U.S. Stablecoin Law Jolts EU Into Rethinking Digital Euro Strategy: FT

The GENIUS Act's passage caught many in Europe off guard and sparked concerns dollar-backed stablecoins could tighten America’s grip on cross-border payments.

European Central Bank HQ