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european union

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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.
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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)
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)

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

Moscow's skyline (Flickr)
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)

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)
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)

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

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

EU Parliament (areporter/Shutterstock)
EU Markets Regulator Calls for Ban on Proof-of-Work Crypto Mining: Report
Erik Thedéen said that EU regulators should nudge the crypto industry towards the less energy-intensive proof-of-stake mining.
EU Parliament (areporter/Shutterstock)

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Spain to Impose Restrictions on Crypto Promotions: Report
Starting in a month, influencers and their sponsors will be required to notify authorities in advance of posts promoting crypto and to warn of its risks.
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The European Union's cryptocurrency regulation is coming soon. (Thierry Monasse/Getty Images)
Europe’s MiCA Crypto Rules Are Coming Soon. Here’s Why They Matter
The European Union’s Markets in Crypto-Assets framework would dramatically simplify how crypto businesses can expand through the 27-nation bloc.
The European Union's cryptocurrency regulation is coming soon. (Thierry Monasse/Getty Images)