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EU's ESMA Wants Public Input on Proposed DLT Regulation

EU's ESMA Wants Public Input on Proposed DLT Regulation

The European Union’s Securities and Markets Authority has called on concerned market stakeholders to comment on its proposed regulation for the use of Distributed Ledger Technology in securities trading and settlement.

FTX Crypto Exchange Announces Major Expansion into European Market

FTX Crypto Exchange Announces Major Expansion into European Market

The expansion into Europe is a timely one for FTX, which launched its US subsidiary business two years ago.

Crypto Entrepreneur Sam Bankman-Fried Faces Judge Over Use of Encrypted Messaging Apps While on Bail

Crypto Entrepreneur Sam Bankman-Fried Faces Judge Over Use of Encrypted Messaging Apps While on Bail

The lawyer representing crypto entrepreneur Sam Bankman-Fried will present a revised bail package to Judge Lewis Kaplan after Kaplan expressed concern about Bankman-Fried's use of encrypted messaging apps while out on bail. The entrepreneur had used Signal to contact former FTX and Alameda colleagues, which led Kaplan to forbid him from using such apps and threaten to revoke his bail privileges if he acted out of order.

European Commission Unveils Strategy to Lead Web 4.0 and Virtual Worlds

European Commission Unveils Strategy to Lead Web 4.0 and Virtual Worlds

A new strategy for Web 4.0 and virtual worlds has been unveiled by the European Commission in an effort to steer the next technological revolution and guarantee a safe, open, and welcoming online environment for individuals, organizations, and government agencies across the EU.

Breaking: Binance Sells Russian Operations to CommEX, Exits Market

Breaking: Binance Sells Russian Operations to CommEX, Exits Market

Binance has announced the sale of its entire Russia business to CommEX, citing compliance issues as the primary reason for the exit. The transition process for existing Russian users is expected to take up to one year, with no financial strings attached to the deal for Binance.

DeFiChain Becomes One of the First Blockchains to Fully Integrate Euro Coin, a Euro-backed Stablecoin

DeFiChain Becomes One of the First Blockchains to Fully Integrate Euro Coin, a Euro-backed Stablecoin

DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, has announced the debut of the Euro-backed stablecoin Euro Coin (EUROC) on its native blockchain. DeFiChain is one of the first blockchains to fully integrate a Euro-backed stablecoin.

EU to Regulate AI Use of Copyrighted Material

EU to Regulate AI Use of Copyrighted Material

The European Union has passed a draft bill to regulate AI use of copyrighted materials. AI tools will be classified according to their risk level, with high-risk tools subjected to stricter transparency procedures. The bill is part of the EU's Artificial Intelligence Act and aims to strike a balance between protecting citizens and fostering innovation.

Report by Bitget Reveals 1.5 Million Daily Active Crypto Traders in Western Europe

Report by Bitget Reveals 1.5 Million Daily Active Crypto Traders in Western Europe

According to a recent report by Bitget Research, Western Europe is witnessing a significant rise in daily active crypto traders, with Germany and France leading the way. The study also highlights the region's strong engagement in decentralized finance (DeFi) and preference for centralized exchanges.

Digital Euro May Have Transaction Limits for Retail Users

Digital Euro May Have Transaction Limits for Retail Users

ECB Board member Fabio Panetta has hinted that the Digital Euro may come with a limit for individuals

Bitzlato crypto firm taken down

Bitzlato crypto firm taken down

Europol: 46% of Bitzlato assets were unlawful. U.S. and European authorities confiscated $19.5 million in cryptocurrencies from crypto wallets.

Dutch Central Bank Aims to Play Leading Role in Developing CBDC in Europe as Part of Plan to Become Increasingly Digital

Dutch Central Bank Aims to Play Leading Role in Developing CBDC in Europe as Part of Plan to Become Increasingly Digital

The Dutch central bank, De Nederlandsche Bank made an announcement in its bulletin, saying that it aims to become the world leader in the development of central bank digital currencies (CBDCs). The report highlighted that the topic of CBDC has gained more public exposure in the Netherlands than in “several other euro area countries for several reasons.”

Block's AUD$3M Investment Boosts Indigenous Business Sector in Australia

Block's AUD$3M Investment Boosts Indigenous Business Sector in Australia

Block Inc. invests AUD$3 million in First Australians Capital's new fund, supporting Indigenous businesses in Australia, aiming to empower entrepreneurs, foster economic growth, and create community wealth.

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