EU


Policy

EU Countries Struggle to Implement MiCA as Deadline for Crypto Regulatory Revamp Looms

EU member states that have yet to adapt local law to implement MiCA by year's end include Belgium, Italy, Poland, Portugal, Luxembourg and Romania, according to a document shared with CoinDesk.

European Union Flags (Antoine Schibler/Unsplash)

Policy

EU Approves Commissioners, Including Ones Who Will Likely Oversee Crypto Rules

Commissioners from France, Finland and Portugal are likely to have crypto within their remit.

European Commission building and three EU flags (Santiago Urquijo / Getty Images)

Finance

Stablecoin Issuer Paxos to Buy Finland's Membrane Finance to Gain EU Access

Paxos agreed to buy electronic money institution Membrane Finance, which is licensed in Finland.

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Policy

Italy to Raise Capital Gains Tax on Crypto to 42% From 26%: Reports

The price of bitcoin (BTC) remained unaffected by the development, rising above $68,000 for the first time since late July.

ROME, ITALY - OCTOBER 16 : Deputy Minister Maurizio Leo illustrates in a press conference the measures approved by the Government on the economic maneuver, ,on October 16  , 2024 in Rome, Italy.  Photo by Simona Granati - Corbis/Corbis via Getty Images) *** Local Caption *** Maurizio Leo

Finance

Fan Tokens Have Much Larger Market Than NFTs, Says Chiliz CEO as Blockchain Prepares New Memecoin 'Pepper'

Chiliz CEO Alexandre Dreyfus called out the disproportionate hype around NFTs in comparison to fan tokens in an interview with CoinDesk.

16:9 Chiliz CEO Alexandre Dreyfus in Singapore during Token2049 (Courtesy: Amitoj Singh/CoinDesk)

Finance

Robinhood Introduces Crypto Transfers in Europe as It Doubles Down on Expansion

The trading app will let customers deposit and withdraw over 20 cryptocurrencies, including bitcoin, ether, solana and USD coin.

Robinhood website on laptop (Unsplash)

Policy

Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider

The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.

Liechtenstein (Unsplash+ / Resource Database)

Policy

EU Regulator Sees Official Journal Publication of Stablecoin Standards Before Year-End

The European Banking Authority estimates that 15 technical standards, including those for stablecoin issuers, will become official before the end of 2024.

The EU's MiCA law starts to take effect at end-2024. (Pixabay)

Policy

Russia Is About to Try Using Crypto to Get Around Sanctions

Experts doubt it will work, given the traceability of blockchains and the risk of even tougher sanctions for Russia.

16:9 Crop: Russian President Vladimir Putin. (DimitroSevastopol/Pixabay)

Policy

France Opens for MiCA Applications, First Among Biggest EU Economies

The French regulator has in the past welcomed crypto companies to register with it.

(Pourya Gohari / Unsplash)