EU


Videos

Can the Metaverse be Regulated? What Crypto Community’s Reaction to Biden’s Executive Order Tells Us

The former chairman and CEO of Walt Disney Bob Iger is getting into the metaverse business by investing in Web 3 company Genies. Bradley Tusk, Tusk Venture Partners co-founder and managing partner, joins “First Mover” to explain how policies from Web 2 could shape regulation in the metaverse as institutional interest continues to grow.

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Policy

Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee Vote

The provision could have required cryptocurrencies like bitcoin to shift to more environmentally friendly mechanisms.

European Parliament. (Shutterstock)

Videos

Kevin O’Leary on His White House Meeting with Lawmakers, Lummis’ Pro-Crypto Bill

“Shark Tank” co-host and O’Shares ETFs Chairman Kevin O’Leary joins “First Mover” to share his insights on the current state of global crypto regulation. O’Leary examines a bill in the European Union addressing proof-of-work mining, along with the Responsible Financial Innovation Act proposed by U.S. Senator Cynthia Lummis (R-Wyo.).

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Policy

Bitcoin-Banning Measure Seen Too Close to Call in Monday's EU Parliament Vote

Still, people familiar with the matter said a slim majority of parliamentarians could defeat a controversial new MiCA provision that seeks to force proof-of-work cryptocurrencies to shift to more energy-friendly consensus mechanisms.

EU parliament plans to vote on a controversial provision that seeks to limit the use of proof-of-work crypto mining. (Walter Zerla/Getty Images)

Policy

Biden’s Executive Order Draws Mixed Reactions From Global Crypto Community

Crypto advocates worldwide are somewhat underwhelmed by the U.S. president’s recent executive order on crypto regulation.

U.S. President Joe Biden speaks while meeting with business leaders and governors in the Eisenhower Executive Office Building in Washington, D.C., U.S., on Wednesday, March 9, 2022. The Biden administration's long-awaited executive order for government agencies to take a closer look at issues surrounding the crypto market is being celebrated by industry participants despite it lacking a clear path on possible regulation. Photographer: Ting Shen/Bloomberg via Getty Images

Videos

Sanctions Expand for Belarus; Korea’s Crypto Promises

EU says crypto included in sanctions against Russia and Belarus. WazirX CEO warns crypto tax to incur losses for Indian government. What can the crypto sector expect from Yoon Suk-Yeol’s presidency in South Korea?

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Policy

EU Says Russia, Belarus Sanctions Extend to Crypto

Crypto assets fall into the category of "transferrable securities" and are therefore clearly included in the scope of sanctions, the EU said.

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Policy

EU Parliament Monetary Committee to Vote on MiCA Next Week

Wording that would have banned proof-of-work cryptos like bitcoin has been removed.

EU Parliament (areporter/Shutterstock)

Policy

European Parliament Proposes Expanding 'Travel Rule' to Every Single Crypto Transaction

Two major factions within the European Parliament propose to expand the "travel rule" to virtually every transaction of digital assets.

European Parliament room (Frederic Köberl/Unsplash)

Policy

EU Excludes 7 Russian Banks From SWIFT

The bloc is also studying whether crypto is being used to evade sanctions.

A European swift (TheOtherKev/Pixabay)