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EU
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.

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.

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.

France Opens for MiCA Applications, First Among Biggest EU Economies
The French regulator has in the past welcomed crypto companies to register with it.

Blockchain Friendly Roberta Metsola Reelected as EU Parliament President
In 2018, as a member of the European Parliament for Malta, she called for regulation on crypto and blockchain when needed, without stifling innovation.

Israel Decision on Digital Shekel Won't Occur Before the EU's Call on Digital Euro: Reuters
As of May 2024, 134 countries or jurisdictions, representing 98% of global GDP, were exploring a CBDC.

Circle Snags First Stablecoin License Under EU's New MiCA Crypto Rules
Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA.

EU's Restrictive Stablecoin Rules Take Effect Soon and Issuers Are Running Out of Time
The European Banking Authority published its final report on draft standards for stablecoin issuers on June 19.

Many EU Crypto Entities May Not Know the Correct Deadline for Sustainability Disclosures Under MiCA: Risk Analyst
The confusion around the correct deadline may be a matter of interpretation, even though a specific clarification has been made by the regulator.

Italy to Increase Surveillance of Crypto Market With Fines as High as 5M Euros: Reuters
A draft document reviewed by Reuters is due to be approved by the cabinet later Thursday.
