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EU
France Publishes Metaverse Consultation, Seeking Alternative to Dominance by Web Giants
The economic ministry is interested in the virtual worlds' impact on privacy, health and the environment
French Central Bank Says DeFi May Be Forced to Incorporate and Certify
Projects in decentralized finance (DeFi) could be forced to incorporate or prove that they meet governance and security norms, a report by the French central bank said, as regulators seek to extend planned crypto laws to cover more kinds of blockchain-based structures. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses what this means for the sector as lawmakers in the EU are due to vote on the Markets in Crypto Assets regulation, or MiCA, next week.
DeFi Could Be Forced to Incorporate and Certify, French Central Bank Says
Regulators are seeking to extend EU laws to cover decentralized structures in finance.
EU Consultation Warns on Risk of Big Players Becoming Metaverse Gatekeepers
The European Commission raised the risks to privacy, openness, cybersecurity and equality in online virtual worlds.
Major Crypto Firms Need Extra Rules, Global Cooperation, ECB’s McCaul Says
The central banker said firms like Binance should be forced to disclose legal status and lines of accountability, with extra rules on top of the European Union's upcoming MiCA crypto regulation.
The EU’s Smart Contract ‘Kill Switch’ Mandate Won't Kill Crypto
The European Union is moving forward with regulation that will fundamentally change how crypto projects can operate. But decentralization is still possible.
European Banking Regulator Calls Attention to Digital Ledger Technology
Draft guidance from the European Banking Authority says the technology must be considered when banking supervisors look at the risk of money laundering.
EU Lawmakers Vote in Favor of Payment Limits on Anonymous Crypto Wallets
Crypto rules form part of a money-laundering overhaul supported by the European Parliament Committees
EU Money Laundering Law Won’t Prevent Crypto Payments, Lead Lawmaker Says
The new legislation, which will be put to vote on Tuesday, is set to impose new restrictions on transactions from self-hosted wallets.
EU Lawmakers to Vote on Limited Ban on Self-Hosted Crypto Payments
Anti-money laundering plans seen by CoinDesk have slightly liberalized, but would ban anonymous crypto transfers of more than 1,000 euros.
