Tagged: EU

EU Says ChatGPT, Reddit and Roblox Now Fall Under DSA Regulation

The European Commission says the following platforms now fall under the Digital Securities Act (DSA). According to an EU statement, ChatGPT, Reddit, and Roblox now qualify as Very Large Online Platforms (VLOPs) or Very Large Online Search Engines (VLOSEs) because they have topped 45 million… Read More

Belgium Asks for Crypto Wallets and Bank Records from EU Domain Registrars in Sports Piracy Investigation

Belgium has stepped up its campaign against online copyright infringement by asking European domain registrars and at least one registry to turn over extensive records on people believed to be running pirate sites. The requests go far beyond typical website blocking. Officials want names, contact… Read More

Polish PM Donald Tusk Seeks Fresh Vote on Vetoed Crypto Bill as Zondacrypto Probe Widens

Polish Prime Minister Donald Tusk has asked the Speaker of the Sejm to schedule another vote on President Karol Nawrocki’s veto of the crypto-assets market law, arguing that the Zondacrypto affair has made further delay politically and practically indefensible. Tusk made the request on Friday… Read More

Pontes and Appia: The ECB’s Distributed Ledger (CLT) Project

The European Central Bank (ECB) is preparing to launch the long-anticipated “Pontes” ecosystem with qualified distributed ledger technology-enhanced platforms that provide services, including tokenization, to the European wholesale market. The ECB’s Governing Council approved Pontes in 2025, which takes a two-track approach: the first track,… Read More

TerraPay Teams Up with Deutsche Bank to Enhance Cross-Border Payments Infrastructure

TerraPay, a global money movement specialist, has reportedly entered into a collaboration with Deutsche Bank (NYSE:DB) to improve the efficiency and reliability of international fund transfers. The arrangement gives TerraPay access to the bank’s extensive correspondent banking network, advanced payment technologies, and foreign exchange services, enabling smoother… Read More

European Union’s Carbon Pricing May Push Bitcoin Mining Emissions Toward Russia as Hashprice Rebounds

A recent academic analysis indicates that elevated carbon pricing within the European Union could be redirecting greenhouse gas emissions linked to cryptocurrency mining toward Russia. This dynamic represents a form of carbon leakage that current EU policy tools struggle to address effectively. The research examines… Read More

Binance Is Reportedly Onboarding European Users Even After Missing Key Regulatory and MiCA Compliance Deadline

Reports indicate that Binance, which decisively remains the world’s largest cryptocurrency exchange by trading volume, has continued to allow new customers from European Union countries to open and verify accounts well after the July 1, 2026, deadline under the Markets in Crypto-Assets (MiCA) regulation. The… Read More

Hungary Moves to Repeal Stringent Crypto Regulatory Guidelines to Ensure Consistency with EU MiCA Framework

Hungary has reportedly repealed its unique national rules on cryptocurrency asset conversions, aligning its framework with the European Union’s Markets in Crypto-Assets (MiCA) regulation. In late July 2026, the Hungarian Parliament adopted Act XXXVIII of 2026, formally titled legislation on the repeal of certain statutory… Read More

Crypto Exchange Binance Reportedly Shared User Information with Russian Officials After Market Exit

Binance reportedly provided personal and transaction details belonging to one of its clients to Russian law enforcement agencies. The information later formed part of the evidence in a terrorism-financing case linked to donations supporting Ukrainian causes. This occurred well after the exchange publicly declared it… Read More

European Union Rules Enable Regulatory Authorities to Block Third-Country Crypto Exchanges

The full implementation of the European Union’s Markets in Crypto-Assets framework has strengthened the ability of national regulators to restrict access by non-EU crypto trading platforms. Under the rules that reached complete application across the bloc, any entity offering crypto-asset services to customers based in… Read More

Austria’s Financial Market Authority (FMA) Issues First Binding MiCA Penalty Against Bitpanda

Austria’s Financial Market Authority (FMA) has imposed a €70,000 fine on Bitpanda GmbH for multiple breaches of the Markets in Crypto-Assets Regulation (MiCA). Announced on August 14, 2026, this marks the first legally binding enforcement action under the EU-wide framework, signaling that MiCA has moved… Read More

Cash is King: ECB Report on Digital Payments Show Digital Payments Rising but Cash Still a Thing

The European Central Bank (ECB) recently released a report on digital payments, comparing them with cash payments. While crypto payments remain a small share, overall digital payments are rising. At the same time, cash is king. The report outlines payment acceptance among euro area companies… Read More

Majority of Euro Area Online Businesses Still Do Not Accept Crypto Payments, ECB Survey Reveals

Recent findings from a European Central Bank (ECB) survey highlight a striking lack of progress in cryptocurrency adoption among businesses across the euro area. While digital payment options continue to expand in popularity, cryptocurrencies and related digital assets remain almost entirely absent from everyday commercial… Read More

Binance to Restrict Transfers Involving Select Crypto Platforms Following EU Russia Sanctions

Binance, one of the world’s largest cryptocurrency exchanges, has announced plans to halt processing of transactions linked to HTX (formerly Huobi) and several other digital asset platforms. The decision stems from the need to comply with evolving regulatory requirements, particularly those tied to the European… Read More

Ripple Labs Anticipates Accelerated EU Crypto Expansion After Securing Full MiCA Authorization

Enterprise blockchain firm Ripple has recently indicated that its long-running push into the European cryptocurrency sector is poised to advance significantly now that it has cleared a major regulatory hurdle under the Markets in Crypto-Assets framework. In early August 2026, the company outlined how securing… Read More

European Union Moves Forward with MiCA Review to Address Non-EU Stablecoin Guidelines

The European Union is advancing a formal review of its Markets in Crypto-Assets Regulation (MiCA), with particular attention directed toward rules governing stablecoins issued outside the bloc. Officials view the exercise as necessary to close gaps that have become more visible since the framework entered… Read More

Carta Executive Comments on Transparency Requirements under EU’s Artificial Intelligence (AI) Act

The EU Commission’s AI Act transparency requirements went into force on 2nd August, 2026. The European Commission’s AI Office, together with national authorities, will begin enforcing the new rules. Under the rules, AI systems including chatbots must tell users they are dealing with AI. Images,… Read More

EU Includes Crypto Platform HTX in Latest Russia Sanctions Package, Imposing Transaction Ban from Late August

The European Union has expanded its restrictive measures targeting Russia’s financial networks by adding the cryptocurrency platform HTX to a list of entities facing transaction prohibitions. This step forms part of the bloc’s 21st sanctions package against Russia, adopted in response to the ongoing conflict… Read More

European Union’s Latest Russia Sanctions Package Intensifies Scrutiny on Cryptocurrency Trading Platforms

Chainalysis has pointed out that on July 23, 2026, the European Union adopted its 21st package of sanctions against Russia, representing the most extensive set of designations in four years and encompassing 218 listings overall. The measures focus heavily on disrupting Russia’s financial systems that… Read More

EU Fines Google Under Digital Markets Act (CMA), His Tech Firm with €890 Million Penalty

The European Commission has penalized global tech firm Google [Alphabet] (NASDAQ:GOOG) under the Digital Markets Act (DMA) for the transgression of allegedly preferencing its own services on search over competitors. Google has been fined €890 million (over $1 billion). The EU claims that Google obfuscated… Read More

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