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European Regulators
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.

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.

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.

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.

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.

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.

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.

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.
