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EU
EU's Data Act Final Draft Still Contains Controversial Smart Contract Kill Switch
Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the clause, according to a final version of the text seen by CoinDesk
It's Time for a Euro Stablecoin
The European Union's landmark Markets in Crypto Assets (MiCA) regulations provide much needed clarity for digital assets in Europe, setting the stage for a bloc-wide stablecoin.
Stablecoin Issuers Urged to Anticipate MiCA Rules by EU Banking Agency
Regulators can be notified of stablecoin-related operations now even though the rules don’t take effect until June 2024, the European Banking Authority said.
EU Securities Agency Issues First Batch of Detailed Crypto Rules Under MiCA Law
Consultations cover authorization and conflict-of-interest rules for crypto companies under the landmark digital assets regulation
EU’s Metaverse Vision Focuses on Standards, Governance and Funding
The EU isn’t proposing new laws but could spend hundreds of millions on research into virtual worlds.
EU’s Leaked Metaverse Strategy Proposes Regulatory Sandbox, New Global Governance
Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said.
EU Metaverse Strategy Set to Examine Privacy, Competition and Rights
A policy paper next week won’t set legislative rules – but could point the way ahead on some key Web3 issues.
Denmark's Financial Watchdog Orders Saxo Bank to Shed Its Crypto Holdings
The Danish Financial Supervisory Authority's explained that it isn't legal for banks to conduct such activity as ancillary bank business for reasons of financial stability under current regulations.
Slovakian Crypto Tax-Cutting Bill Passes National Parliament
Lawmakers wanted to see a 7% income tax rate for crypto held longer than a year.
ECB to Start Wholesale CBDC Settlement Trials in 2024
The European Central Bank wants to see innovative interventions in financial markets – but under existing rules.
