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Italian central banker Ignazio Visco talked about fostering or discouraging crypto assets during a lengthy speech to the Italian financial markets association. Go to Source Powered by WPeMatico
The final vote was delayed due to issues in the translation of the 400-page legal document. Go to Source Powered by WPeMatico
Christophe De Beukelaer considers his experiment successful, as he raised awareness among the local lawmakers. Go to Source Powered by WPeMatico
The Bank of France’s head said turmoil in the crypto markets proves the need to move to a mandatory licensing scheme for crypto firms “as soon as possible.” Go to Source Powered by WPeMatico
ECB board member Fabio Panetta has woven his enthusiasm for blockchain technology and skepticism of cryptocurrency into an argument that supports both, albeit begrudgingly. Go to Source Powered by WPeMatico
Operations in the country will be overseen by Cormac Dinan, a former employee of Crypto.com, Deloitte and Citigroup. Go to Source Powered by WPeMatico
Germany’s financial watchdog has issued a call for global regulation of the crypto industry in the aftermath of the FTX collapse. The hands-off approach was wrong, the head of the agency says, insisting it’s time to protect consumers as the sector expands links with traditional finance. Bafin President Convinced Self-Regulation Won’t Work for Crypto The … Read more
French Parliament will discuss the amendment, canceling the favorable treatment of crypto companies, in January 2023. Go to Source Powered by WPeMatico
The European Commission has set out to oblige platforms processing crypto transactions for EU residents to share information with tax authorities in the Union. According to the proposal, all crypto service providers, regardless of where they are based, will have to abide by the new rules. EU to Consider New Reporting Requirements for Crypto Platforms … Read more
In a recent statement, the European Parliament said its members would shortly “vote on adopting the regulation on markets in crypto-assets (MiCA).” According to the parliamentary body’s think tank, the envisaged regulations are expected to provide “legal certainty for crypto-assets not covered by existing EU legislation.” A crypto counselor, Paulius Vaitkevicius, said any regulation of … Read more
