Representatives of key European Union (EU) institutions and member states reached an agreement on the Markets in Crypto Assets regulatory proposal. The progress in the
Tag: EU
Vladimir Putin Says West’s Attempt to ‘Crush the Russian Economy’ Did Not Succeed
Last week the Russian ruble hit a seven-year high against the U.S. dollar and while analysts have downplayed the rise, one economist said people should
Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’
Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed
Ukraine Joins European Blockchain Partnership as Observer
Ukraine has been granted observer status in the European Blockchain Partnership (EBP). Officials in Kyiv hope the move will facilitate the implementation of blockchain technologies
American Economists Are Baffled by an ‘Unusual Situation’ as Russia’s Ruble Is the World’s Best Performing Fiat Currency
Two months after the Russian ruble fell below a U.S. penny, the transcontinental country’s fiat currency is the best performing currency worldwide. American economists are
Top ECB Official Ramps Up Anti-Crypto Rhetoric, Calls for Global Regulations
Comparing the rise of crypto assets to the gold rush, a top executive at the European Central Bank has urged governments to take action to
Crypto Businesses Ask 27 EU Finance Ministers to Loosen Disclosure Requirements
Forty-six European crypto businesses and organizations have asked finance ministers in 27 European countries to loosen some regulatory requirements for the crypto industry. For example,
Binance Limits Services to Russian Users to Comply With EU Sanctions
Following the latest round of EU restrictions against Russia, digital asset exchange Binance is limiting services to Russian clients. The company pledged to lead the
ECB to Cease Bond Purchases in Q3, Lagarde Says EU’s Economic Rebound ‘Crucially Depends on How the Conflict Evolves’
After the inflation rate in the eurozone reached a high of 7.5% in March, the European Central Bank (ECB) and the bank’s president Christine Lagarde
EU Bans High-Value Crypto Services to Russia in New Round of Sanctions
European institutions are closing crypto loopholes for Russia with the latest package of penalties imposed by the EU over Moscow’s aggression against Ukraine. The new
EU Regulators Warn Crypto Unsuitable as Investment or Means of Payment for Most Retail Consumers
Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as
EU Data Act Proposes Shutdown Function for Smart Contracts
The European Union has published its new Data Act, a law proposal that aims to regulate the generation and handling of data by the actors