European Union


Policy

EU's Sweeping Crypto Regulations Package One Step Closer to Ratification

The proposed MiCA framework was voted through without a contentious provision seeking to limit the use of proof-of-work crypto.

(Getty Images)

Policy

Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies Vote

A provision looking to force proof-of-work cryptocurrencies like bitcoin to switch to the more environmentally friendly proof-of-stake consensus mechanism is in a draft of MiCA up for a parliamentary vote on Monday.

The EU parliament is set to vote on a crypto legislative package that may seek to limit the use of proof-of-work cryptocurrencies. (Laura Zulian/Getty Images)

Finance

Top Russian Bank Quits Europe, Citing Sanctions: Report

The European Central Bank had ordered the closure of Sberbank's European unit over Ukraine conflict.

Sberbank is dropping out of EU markets citing sanctions (Milan Jaros/Bloomberg via Getty Images)

Videos

Ukrainian Lawyer In Close Contact With Top Government Officials: The World of Blockchain Should Be Free From War Criminals

Ukrainian lawyer Artem Afian, a former advisor to Ukrainian government's Ministry of Digital Transformation, joins “First Mover” to explain how his country is utilizing cryptocurrency in its fight against Russia. Afian speaks on Russian and Belarusian politicians turning to crypto amid global sanctions, Ukraine’s membership application to the European Union and Russia's pilot program with a digital ruble.

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Markets

Central Bank of Russia Braces for Turmoil With Nonresident Trading Ban

Nonresident holders of Russian equities won't be able to cash out, at least for now.

Moscow's skyline (Flickr)

Policy

EU 'Commits' to Cutting Russian Banks Off From SWIFT Over Ukraine Invasion

More member nations are showing support for imposing restrictions on Russia's access to the international banking system.

Soldiers outside a military base in Ukraine in 2014. European countries are considering removing Russia from the SWIFT interbank communications network after it invaded Ukraine in late February. (Spencer Platt/Getty Images)

Policy

EU Wants New Anti-Money Laundering Authority to Have Crypto Oversight: Report

The EU is setting up an anti-money laundering watchdog, and leaders want it to have strict oversight of crypto firms.

EU lawmakers want new AML authority to supervise crypto firms (Santiago Urquijo/Getty)

Videos

Hungary’s Central Bank Head Calls on EU to Ban Crypto Mining and Trading

The chief of the Hungarian National Bank said he supports banning crypto trading and mining in the European Union, adding he agreed with the Russian central bank’s earlier proposal to ban crypto activities. "The Hash" hosts discuss the latest in the mounting regulatory threats to the digital asset space.

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Policy

The Digital Euro: What We Know So Far

The European Commission is planning to introduce a digital euro bill in 2023, but little is known about the European Union's plans for such a currency.

The European Commission wants to introduce a digital euro bill in 2023. (Carlos Moreno / Flickr)

Videos

EU Markets Regulator Reportedly Calls for Ban on Proof-of-Work Crypto Mining

Energy-intensive proof-of-work crypto mining should be banned in the European Union (EU), according to the vice chair of the European Securities and Markets Authority (ESMA) Erik Thedéen. “The Hash” panel discusses the differences between proof-of-work and proof-of-stake mining following the latest bitcoin energy debate.

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