Cryptocurrency Analysis and News Portal
Negotiators said they had struck a deal on the controversial text on June 28, shortly after organizations linked to numerous blockchains, including Stellar, Polygon, NEAR and Cardano, expressed their concerns in an open letter, but no text has been released until now. Source
Read More
Issuers of e-money tokens tied to fiat currency and of asset-reference tokens linked to other products such as gold should start adhering to MiCA’s “high standards” of disclosure to potential users sooner rather than later, non-binding guidelines published by the Paris-based agency said, offering a template form for companies to
Read More
Consultations cover authorization and conflict of interest rules for crypto companies under the landmark digital assets law Original Source
Read More
For a new virtual worlds partnership to be set up the commission’s science funding program, Horizon Europe, “you could think of an amount in the order of 200 million euros that will be available,” as well as potential investment via EU regional funds, said a commission official, speaking under condition
Read More
Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said. Source
Read More
An open letter to lawmakers in the European Union was issued by more than 160 executives from tech companies around the world urging careful consideration of artificial intelligence (AI) regulations not to stunt the industry or markets.On June 30, executives from companies such as Renault, Meta, Spanish telecom company Cellnex,
Read More
“With the adjustments made to the text we are no longer addressing smart contracts in general but make this regulation applicable specifically to the execution of contractual clauses in the context of data sharing,” Damian Boeselager, a lawmaker who led negotiations for the European Parliament’s Green grouping, told CryptoX. Source
Read More
The European Securities and Markets Authority will set out proposals next month for how the EU’s new Markets in Crypto Assets (MiCA) rules should work in practice, including the forms and notifications that crypto companies and established funds have to follow in order to offer services within the bloc. Source
Read More
The central bank digital currency must be usable offline from day 1 to safeguard privacy, the draft law says. Source
Read More
Publication of the 200-odd pages of law signals formal passage of a bill onto the EU’s statute book. In legal terms the two laws enter into force in 20 days’ time, and its provisions apply on December 30, 2024, with certain provisions taking effect slightly earlier on June 30, 2024. Source
Read More