European Commission


Policy

EU Watchdog Says Reordering Blockchain Transactions Might Be Market Abuse. Industry Says It's Not

Maximum extractable value (MEV), in which blockchain operators reorder transactions to squeeze out additional profits, usually at the expense of whoever is sending the transactions, is not inherently bad, some policy experts point out.

EU regulators are exploring the boundaries of MiCA regulation. (Pixabay)

Policy

Upcoming High-Level EU Financial Policy Talks Could Steer Crypto Oversight: Source

An informal document shared among EU officials shows digital finance, and thereby crypto, topping a list of priorities to be discussed.

European regulators will focus more on banks' exposure to crypto-linked entities. (Christian Lue/Unsplash)

Policy

EU Formally Agrees on New Crypto Tax Data Sharing Rules

The rules, set to be published in the EU's official journal, force crypto firms to report on customers' holdings to be shared between tax authorities.

European regulators will focus more on banks' exposure to crypto-linked entities. (Christian Lue/Unsplash)

Policy

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.

The EU Data Act has raised smart contract fears (Pixabay)

Policy

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.

The EU's metaverse strategy may propose a new global governance (Pixabay)

Policy

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.

The EU's metaverse strategy is due soon (Pixabay)

Policy

EU Commission’s Digital Euro Bill Back on Track for June 28, Lead Official Says

The controversial central bank digital currency proposals had been removed from the EU executive’s agenda.

EU Commissioner Mairead McGuinness (Jack Schickler/CoinDesk)

Videos

EU’s Leaked Digital Euro Bill Outlaws Interest, Large Holdings, Programmability

Paying interest on or surcharges for using a digital euro would be banned under a draft law seen by CoinDesk, and set to be proposed by the European Commission on June 28. The proposed central bank digital currency (CBDC) would have to be available for cash-style offline payments from day one, and users shouldn’t be able to program it to limit onward use. CoinDesk Regulations Reporter Jack Schickler breaks down the provisions of the leaked bill, with a focus on interest, transactions, and privacy.

CoinDesk placeholder image

Markets

Bitcoin Climbs Past $27.4K but Remains in Holding Pattern as Investors Continue U.S. Debt Limit Vigil

Ether and most other major altcoins rise slightly, even as stocks drop amid worries about debt ceiling negotiations.

Bitcoin price chart (CoinDesk)

Policy

EU Now Accepting Applications for Its Blockchain Regulatory Sandbox

The sandbox, which will run for the next three years, is open to "companies from all industry sectors" and public entities, with priority given to more mature projects.

European Union flag (Guillaume Périgois/Unsplash)

Pageof 7