European Union


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

Policy

EU Central Bank Commits to Distributed Ledger Technology Settlement Work

"The decision is in line with the Eurosystem’s commitment to supporting innovation without compromising on safety and efficiency in financial market infrastructures," a release said.

 EU flag (Unsplash)

Policy

ECB, European Commission Clash on MiCA Changes Over U.S. Crypto Policies: Report

The European Central Bank said U.S. support for crypto could result in damage to the European Union's financial stability.

 EU flag (Unsplash)

Policy

European Union Moves Ahead With Retaliatory Tariffs Against U.S.

"The EU considers US tariffs unjustified and damaging, causing economic harm to both sides, as well as the global economy," the European Commission said

European Union Flag (Christian Lue / Unsplash / Modified by CoinDesk)

Policy

U.S. Openness to Crypto Could Raise Risk Levels in TradFi, European Regulators Say

"This crypto-friendly stance has the potential to accelerate crypto adoption, including by institutional investors," an ESMA spokesperson said.

European Union Flag (Christian Lue / Unsplash / Modified by CoinDesk)

News Analysis

Elections Across Europe Won't Hinder Bloc's Crypto Ambitions

France, Austria, Germany and other countries are expected to have elections soon, following this month's European Parliament contest.

European regulators will focus more on banks' exposure to crypto-linked entities. (Christian Lue/Unsplash)