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EU
EU Industry Input 'Really Important' to Stablecoin Rulemaking Under MiCA, EBA Officials Say
During a Thursday hearing on proposed guidelines for stablecoin issuers, European Banking Authority officials urged stakeholders to engage with regulators to "start on the right footing."

European Central Bank Shows It’s Serious About Enabling Digital Euro Offline Use
The bank plans to allocate the lion’s share of its $1.3 billion contract budget for providers to work on enabling offline payments for a digital euro.

EU Banking Watchdog to Deepen Probe of Links Between Banks, Crypto Entities: FT
Concerns over contagion have triggered the need to "dig deeper into the links between banks and other financial firms," José Manuel Campa, the chair of the EBA told the FT.

Belgium to Push European Blockchain Network During EU Council Presidency, Digital Minister Says
EU-wide blockchain services could support the bloc’s pursuit of digital sovereignty, Mathieu Michel told CoinDesk.

Robinhood Broadens Crypto Service to Europe, Notes Region's Digital Asset Regulation
The company said it chose Europe to anchor its crypto expansion outside the U.S. because of the region's comprehensive rules.

Crypto Firms That Act Like Banks Should Be Regulated Like Them, ECB Official Says
But supervision of bank-like crypto firms could be a pain for regulators, said Andrea Enria, chair of the supervisory board at the European Central Bank.

Fiery Public Hearing on Digital Euro Sees Experts Diverge on Key Issues
Expert witnesses answered lawmaker questions on holding limits, impact on banking systems and privacy for an EU central bank digital currency.

Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says
A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector grow, Miguel Fernández Ordóñez said during a European Parliament hearing on a digital euro.

EU Lawmakers Call to Reduce Tech Dependency on Other Countries With Metaverse Strategy
The European Parliament's Committee on Internal Market and Consumer Protection wants the bloc to take the lead on shaping virtual worlds according to EU values.

The Global Movement to Promote Crypto Tax Transparency — What You Need to Know
In Europe and the U.S., there are a host of initiatives placing new requirements on participants in digital asset markets to report on transactions and meet other new provisions.
