European Regulators


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)

Markets

France Wants EU to Give ‘Greater Powers’ to ESMA in Overseeing Crypto: Report

France proposed the change as part of a package of reforms to strengthen financial regulation across Europe.

esma

Markets

Market Wrap: Bitcoin Sells Off as Regulatory Concerns Resurface

“We expect volatility to remain under pressure until mid [to] late August,” said one trading firm.

Bitcoin 24-hour price chart, CoinDesk 20

Policy

Crypto Long & Short: Bitpanda’s Raise Is About More Than Market Infrastructure

The $170 million funding round highlights the explosive growth of crypto as an asset class – and the potential of the European market.

European union flag against parliament in Brussels

Policy

ECB Wants to Be Able to Veto Stablecoins Like Diem in the EU

The ECB believes it should have the final say ahead of any proposed stablecoin launches.

European Central Bank, Frankfurt, Germany

Markets

Binance Denies Report It Was Blocked From Installing Its CEO on Board of Failing Bank

Crypto exchange Binance said the FMA had not rejected an application for CEO Changpeng Zhao to join the board of the now-defunct Union Bank.

Binance CEO Changpeng Zhao (Binance)

Markets

Police in Spain Say Bitcoin ATMs Expose Problems in Europe's AML Laws

Spanish police authorities are raising the alarm because a recent criminal case involved the use of bitcoin ATMs, making their jobs more difficult.

BTC2

Markets

3 EU Watchdogs Warn Over 'High Risks' of Crypto Investment

The three European Supervisory Authorities have released a warning on the risks involved with investing in cryptocurrencies.

Credit: Shutterstock

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