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EU
EU Project to Fight Fakes Succeeds by Being Open, Founder Says
A publicly backed blockchain project to stop counterfeit goods from entering the European Union is trying to avoid mistakes of the past, its founder told CoinDesk.

EU Finalizes Legal Text for Landmark Crypto Regulations Under MiCA
A leaked draft of the text, reviewed by CoinDesk, shows the rules could apply to algorithmic stablecoins and fractionalized NFTs.

Digital Euro Must Be Green, Private and Possibly Capped, National Officials Say
A leaked paper written by France, Germany and Italy, seen by CoinDesk, seeks to guide the European Central Bank’s plans for the digital currency

Google’s $4B Fine May Threaten Web3 Protocols, Legal Expert Says
A court judgment ostensibly about anti-competitive restrictions by a Web2 giant may also send a warning to open-source developers, CoinDesk was told

Binance CEO Zhao Says EU's Proposed Crypto Rules Are Fantastic But Strict
Speaking at Binance Blockchain Week Paris, Changpeng Zhao also said the French city is probably "the financial hub for crypto" in Europe and a larger part of the world.

ECB Hikes Interest Rate 75 Basis Points as Inflation Hits
Crypto markets reacted calmly to the mammoth rise, but it may presage further aggressive action by central banks

Digital Euro to Focus on Personal Use, Not Web3, EU Officials Say
The central bank digital currency could fail if it doesn't offer something more than what cash and credit cards do, industry representatives remarked.

EU's MiCA Crypto Law Text Ready Within 6 Weeks, Lead Lawmaker Says
A political deal struck in June left many still scratching their heads about whether licensing rules will apply to non-fungible tokens

EU Lawmakers Vote Down Green Crypto Mining Study
The Green Party had pushed for research into mining techniques after failing to impose restrictions on bitcoin-style proof-of-work
