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Bitstamp acquires a Spanish crypto licence

Bitstamp acquires a Spanish crypto licence

Bitstamp has been focusing on the European Union market since its launch in 2011. The approval from the Bank of Spain lets Bitstamp's local subsidiary offer digital currency exchange services for fiat currency and electronic wallet custody services to Spanish users. By this fall, the country became home to the third-largest network of Bitcoin and cryptocurrency ATMs after the United States and Canada.

EU Plans to Bar Interest Payments on Deposits in Stablecoins

EU Plans to Bar Interest Payments on Deposits in Stablecoins

Patrick Hansen, the head of Strategy at DeFi startup, Unstoppable Finance, said the expected MiCA bill could come as early as this month’s ending.

Ethics of Web3 Discussed at Paris Blockchain Week

Ethics of Web3 Discussed at Paris Blockchain Week

The second day of Paris Blockchain Week 2023 featured a panel discussion on the Ethics of Web3. The panelists agreed that ethical frameworks often lag behind technology and that innovation comes before any ethical standards are implemented. They highlighted the upcoming Markets in Crypto-Assets framework in the European Union as an example of turning ethics into law to protect people and innovation.

ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro

ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro

President of the ECB Christine Lagarde broached the topic of CBDC issuance and why the bank was seriously considering the creation of a digital euro.

European Investment Bank to Harness Blockchain Technology for Bond Sale

European Investment Bank to Harness Blockchain Technology for Bond Sale

The European Investment Bank (EIB) intends to deploy blockchain technology for selling bonds.

Swedish Central Bank Delays CBDC Plans Again

Swedish Central Bank Delays CBDC Plans Again

The world’s oldest Central Bank, Sweden’s Riksbank, published results of its pilot project for its proposed central bank digital currency, the e-krona.

The European Commission Announces the Launch of the European Blockchain Regulatory Sandbox

The European Commission Announces the Launch of the European Blockchain Regulatory Sandbox

The European Blockchain Regulatory Sandbox helps 20 projects each year obtain legal and regulatory support from the European Commission.

EU Proposes Cap on Anonymous Crypto Transfers

EU Proposes Cap on Anonymous Crypto Transfers

The European Union is proposing a 1,000 euro cap on anonymous crypto transfers to combat money laundering and terrorist financing. The limit would apply to transfers when a customer cannot be identified, and the proposal also caps cash transactions at 7,000 euros. The Anti-Money Laundering and Countering the Financing of Terrorism package is expected to be confirmed in April.

EU Agreement on MiCA May Not Favor Stablecoins

EU Agreement on MiCA May Not Favor Stablecoins

After much deliberation and compromises from the European Commission, Assembly, and Council, a final agreement that builds the comprehensive framework for the digital currency ecosystem has finally been made

Banks Holding Cryptocurrencies Face Strict New Regulations in European Parliament

Banks Holding Cryptocurrencies Face Strict New Regulations in European Parliament

The European Parliament must approve a new crypto exposure policy for banks.

European Parliament Ratifies MiCA Framework in Landslide Vote

European Parliament Ratifies MiCA Framework in Landslide Vote

The long-awaited Markets in Crypto Assets (MiCA) regulation has just scaled through the European Parliament as MPs voted massively in favour of the bill.l

Three EU Regulators Warn Crypto Investors of Potential Losses

Three EU Regulators Warn Crypto Investors of Potential Losses

Three European Union regulators have warned investors of the potential loss in the digital currency ecosystem.

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