Consumer watchdogs call for EU action on in-game digital money
Consumers fall prey to many deceptive practices when buying and using in-game currencies in video games, claims BEUC. Go to Source
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Central Bank of Latvia opens pre-licensing consultations to crypto companies
Latvia’s central bank is taking proactive steps to align with the EU’s upcoming crypto regulations by offering free pre-licensing consultations for crypto-asset service providers. Go to Source
Bitstamp and Stripe Collaborate for EU Crypto Onramp
Crypto exchange Bitstamp is collaborating with Stripe, a financial infrastructure platform, to support Stripe’s fiat-to-crypto onramp across the EU. This collaboration enables EU consumers to easily purchase cryptocurrencies through a customizable widget that developers can embed in apps or websites. This widget offers a seamless checkout experience optimized for cryptocurrency conversion and instant settlement. Developers … Read more
Bitstamp helps Stripe scale crypto purchases in the EU
Bitstamp entered a partnership to support Stripe’s crypto on-ramp solution in Europe a few months after Robinhood announced Bitstamp’s acquisition for $200 million. Go to Source
Slovenia launches EU’s first digital sovereign bond via BNP Paribas
The bond was issued as part of ECB wholesale settlements experiments and matures on Nov. 25. Go to Source
Unbound Fund Offers a New Path to EU Citizenship With Bitcoin Investment
Unbound Fund has announced a new opportunity for individuals to acquire Portuguese/EU citizenship by indirectly holding bitcoin worth about $542,000 (€500,000). The fund is said to be the first of its kind to be eligible for the Golden Visa, providing exposure to bitcoin. Unbound Fund’s features include 100% passive bitcoin holding, investment in Blackrock ETFs … Read more
EU to Send Ukraine 1.4 Billion Euros From Frozen Russian Assets
The European Union (EU) is set to provide Ukraine with 1.4 billion euros ($1.52 billion) in military aid, sourced from the interest on frozen Russian assets. This decision, announced by EU High Representative for Foreign Affairs and Security Policy Josep Borrell during a Council on Foreign Affairs meeting, will see the first transfer of funds … Read more
EU releases crypto-asset classification tools to help firms comply with MiCA
EU regulators introduce standardized crypto-asset classification under MiCA with a new test and guidelines to ensure uniformity across the market as regulations begin to come into play. Go to Source
Elon Musk Exposes Secret EU Censorship Deal Proposal
Tesla CEO Elon Musk has disclosed that the European Commission (EC) offered his social media platform, X, a covert deal to censor speech in exchange for avoiding fines related to its blue check verification system. Musk stated that X declined the deal, unlike other platforms. The EC accused X of noncompliance with the Digital Services … Read more
Italy Prepares to Issue Guidelines on Implementing EU Crypto Regulation
Italy’s central bank will soon release guidelines on implementing the European Union’s Markets in Crypto Assets Regulation (MiCA) Regulation to ensure the payment system’s regular functioning, Bank of Italy Governor Fabio Panetta revealed on Tuesday. In his speech to the Italian Banking Association, Panetta highlighted that MiCA considers electronic money tokens (EMTs) and asset-reference tokens … Read more
