EU
EU Metaverse Strategy Set to Examine Privacy, Competition and Rights
A policy paper next week won’t set legislative rules – but could point the way ahead on some key Web3 issues.
Denmark's Financial Watchdog Orders Saxo Bank to Shed Its Crypto Holdings
The Danish Financial Supervisory Authority's explained that it isn't legal for banks to conduct such activity as ancillary bank business for reasons of financial stability under current regulations.
Slovakian Crypto Tax-Cutting Bill Passes National Parliament
Lawmakers wanted to see a 7% income tax rate for crypto held longer than a year.
ECB to Start Wholesale CBDC Settlement Trials in 2024
The European Central Bank wants to see innovative interventions in financial markets – but under existing rules.
Binance's Euro Banking Partner to Halt Support of the Crypto Exchange in September
The exchange recently announced retreats from the U.K., Netherlands and Cyprus.
EU Publishes Legislative Plans to Underpin a Digital Euro
The European Commission published its legislative plans to underpin a digital euro on Wednesday, saying it would ensure Europeans can pay digitally for free across the currency zone. "The Hash" panel weighs in on the state of central bank digital currency (CBDC) developments and crypto regulation in Europe.
EU Publishes Digital Euro Bill Featuring Privacy Controls, Offline Guarantee
Officials want a digital payment system available to “everyone, everywhere, for free.”
EU’s Controversial Smart Contract Kill-Switch Rules Finalized by Negotiators
Lawmakers and governments have reached a deal on the Data Act despite protests from the blockchain industry.
EU Seals Deal on Crypto Bank-Capital Rules
The European Union (EU) secured a political deal on new bank-capital legislation, including for crypto assets, after lawmakers sought “prohibitive” rules to keep unbacked crypto out of the traditional financial system. "The Hash" discusses the plan which includes a "transitional prudential regime for crypto assets."
EU Seals Deal on Crypto Bank-Capital Rules
Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system
