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The “digital euro could play a vital role to strengthen the strategic autonomy of the European Union and to foster financial sector innovation,” said the paper, authored by senior Treasury officials from France, Germany, Italy, Spain and the Netherlands and dated Sept. 13. Original Source
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“We have singled out, for the first release of the digital euro, three use cases,” said Evelien Witlox, digital euro program manager at the European Central Bank, at an event hosted by the European Economic and Social Committee, a body that advises the EU government. Source
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In a move seen as an attempt to pacify protesting bank clients, Chinese authorities in Henan province announced their latest repayment plan which sees customers with deposits ranging between $14,827 and $22,240 qualify for reimbursement. In addition, authorities said two unnamed officials from the province are being investigated for allegedly
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The European Central Bank, or ECB, will reportedly be preparing to implement a new law by warning European Union member states about the necessity of harmonizing regulations for crypto.According to a Sunday report from the Financial Times, the ECB was concerned about possible regulatory overlap between respective central banks in
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The European Council has reached an agreement to form an anti-money laundering body that will have the authority to supervise certain crypto asset service providers, or CASPs.In a Wednesday announcement, the council said it had agreed on a partial position of a proposal to launch a dedicated Anti-Money Laundering Authority,
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The top financial officials from the Group of Seven (G7) largest advanced industrial economies has called on the Financial Stability Board to speed up crypto-asset regulation, Reuters reported Thursday, citing a copy of a communique it had obtained. The officials from Canada, France, Germany, Italy, Japan, the United Kingdom, and
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US Officials Add North Korea-Linked Bitcoin Mixer, More BTC and ETH Addresses to Sanctions List Source
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Digital asset exchange Binance has blocked accounts tied to relatives of government officials in Moscow. Amid mounting international penalties over Russia’s invasion of Ukraine, the trading platform said it will continue to check for users associated with sanctioned individuals. Crypto Exchange Binance Bans Children of Top Russian Figures Binance, the world’s
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European Union (EU) officials discussed banning Bitcoin trading during a debate on a proposal to ban Proof of Work mining according to documents obtained through a freedom of information request. According to a report, published by German digital culture organization Netzpolitik, officials from the EU went as far as suggesting that
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Ronin – a sidechain that is connected to the main Ethereum blockchain but allows the developers behind play-to-earn game Axie Infinity, Sky Mavis, to support faster and cheaper transactions – was hacked last month, losing 173,600 ETH and 25.5 million USDC, worth $625 million at the time. It ranks among the
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