Tagged: european commission

Caleb James DeLisle: Co-founder at PKT Explains how they’ve Used Blockchain Tech to Pay Users for Contributing Unused Internet Bandwidth

CJDNS SASU, a French software R&D start-up in the PKT ecosystem, recently announced its funding agreement with NGI-LEDGER, a European Commission’s initiative that aims “to shape the development and evolution of the Internet.” The agreement secures funding for SafePKT, an initiative that aims to bring… Read More

European Online Lender October Italy’s CEO Shares Latest Fintech Industry Insights

Online lender October is currently active in five different European countries and now it’s the turn of the CEO of October Italy Sergio Zocchi to share his views and insights (after the company’s Netherlands and Spain Chief Executives provided comments during interviews). Sergio Zocchi, who… Read More

The European Union Tightens its Regulatory Grip on Illicit Transactions but Will Money Laundering Continue to Thrive?

Yesterday, the European Commission announced an update to the European Union’s anti-money laundering and countering terrorism financing (AML/CFT) rules. Part of the update is a requirement that anonymous crypto asset wallets will be prohibited. Additionally, the Commission is creating a new  EU AML Authority (AMLA)…. Read More

European Union Creates New EU Authority to Fight Money Laundering: No More Anonymous Crypto Transactions

The European Commission has updated the European Union’s anti-money laundering and countering terrorism financing (AML/CFT) rules. Included in the new policy is a requirement that anonymous crypto asset wallets will be prohibited. Along with the new policy on AML/CFT is the creation of a new… Read More

European Commission Approves Merger Request from P27 Nordic Payments Initiative to Form Pan Nordic Payments Platform

The European Commission reveals that it has approved the merger request from the P27 Nordic Payments initiative in order to form its pan-Nordic payments platform. This latest approval from the European Commission marks a key milestone for the project which is focused on working towards… Read More

European Committee of the Regions Backs Tougher Digital Regulation

A group of local and regional representatives has thrown its support behind the European Union’s stance on regulating digital markets. During the June plenary session, the European Committee of the Regions (ECR) adopted an opinion supporting the European Commission’s intention to provide tougher regulation of… Read More

European Securities and Markets Authority: Deadline for Comments on European Crowdfunding Service Providers Consultation Due this Week

This past February, the European Securities and Markets Authority (ESMA) announced a consultation on technical standards for the Europea Crowdfunding Service Providers Regulation (ECSPR). The move was part of the European Union’s announced harmonization of investment crowdfunding rules. For years, industry insiders and advocacy groups,… Read More

European Commission Reveals Rules & Actions for AI in the European Union

Today, the European Commission proposed new rules and actions as part of an effort to turn the European Union into a global hub for Artificial Intelligence (AI). The “first-ever” legal framework is designed to ensure trust and safety while fostering AI innovation. In a speech… Read More

European Commission Calls for a Digital Decade

The European Commission has shared its vision for the digital transformation of Europe by 2030. The policy initiative is an all-encompassing approach to many aspects of the economy and daily existence. The EU states that this builds on the Commission’s digital strategy of February 2020…. Read More

Karsten Wenzlaff of the German Crowdfunding Association Provides Insight into Harmonization of Pan-European Crowdfunding Rules

Last year, the European Union approved pan-European crowdfunding rules that will apply to all member states thus finally offering a harmonized approach to online capital formation. Crowdfunding advocates and European platforms had long recognized the unnecessary friction intrinsic to raising capital based on national regulations… Read More

France: AMF Chairman Embraces EC Move to Regulate Crypto Assets, “Potential gains to be expected from DLT can be significant”

Speaking about the ongoing digital transformation of financial services the Chairman of the French Autorité des Marchés Financiers (AMF), Robert Ophèle, commented on the emergence of crypto assets (digital assets) for both non-securities and securities. Ophèle first noted the ongoing COVID health crisis has helped… Read More

Don’t Treat Everything Like a Financial Instrument: 5 Questions Commenters Must Consider About MiCAR (with Proposed Answers!)

MiCar: Markets in Crypto-Assets Regulation. Everyone seems to forget that blockchain is a database software at its core; better database software to be sure because it makes digitally unique items (known as “crypto-assets” or “digital assets”) possible in a transparent, auditable, and secure system, but… Read More

European Commission Funded Project Seeks Applications for Blockchain Solutions

ONTOCHAIN, a project funded by the European Commission under the Next Generation Internet initiative, is on the hunt for applicants seeking to build a new software ecosystem for “trusted, traceable, and transparent ontological knowledge management.” The €4.2 million fund will provide €123,000 in equity-free money… Read More

Oliver Gajda of the European Crowdfunding Network: An 8 Year Journey for Harmonized Crowdfunding Rules

Earlier this month, the European Union approved new crowdfunding rules, including a €5 million funding cap, that will apply to all member states finally creating a pan-European approach to online capital formation. Currently, the securities crowdfunding market in Europe struggles under bespoke national rules that… Read More

European Banking Authority to Allow Banks to Include Software based Assets in their Capital Requirement Estimates

The European Banking Authority, a regulatory body of the European Union that’s headquartered in Paris, has revealed plans to allow banks to include software-based assets in their capital requirement calculations. This should help lenders with strengthening their safety buffers, the agency noted. At present, banking… Read More

European Crowdfunding Network “Wholeheartedly” Welcomes Harmonized Crowdfunding Rules for Europe

Earlier this week, the European Union approved legislation that will harmonize securities crowdfunding rules for member states. Inclusive in the legislation is a 12-month funding cap of €5 million for issuers leveraging online capital formation. The goal is to facilitate capital formation for entrepreneurs and… Read More

European Union Approves New Crowdfunding Rules that Apply to Member States, Funding Cap Set at €5 Million

Earlier today, the European Union approved crowdfunding rules that will apply to all member states thus finally offering a pan-European approach to online capital formation while removing much of the friction in the current ecosystem that suffers from regulatory fragmentation. Industry participants, along with industry… Read More

European Union Digital Asset Legislation Anticipated to Create Confidence, Open the Market to DLT Innovators

A Discussion with Franck Guiader of Gide 255 Last week, the European Commission adopted a Digital Finance Package along with legislative proposals on cryptoassets (digital assets). The move had been widely telegraphed by the Commission and, in fact, a draft of the crypto regulation was leaked… Read More

Apple Says New EU Legislation Requiring it to Open Up its Apple Pay Tech to Third-Parties would Compromise Security

Apple (NASDAQ:AAPL) recently noted that new legislation might require that it opens up its proprietary Apple Pay technology to various third-parties. The tech giant, which recently became the world’s first company to surpass the $2 trillion market cap mark, claims that allowing others to closely… Read More

European Commission Adopts Digital Finance Package and Legislative Proposals on Crypto-Assets

The European Commission has announced the adoption of a Digital Finance Package along with legislative proposals on crypto-assets (digital assets).  The announcement has been widely anticipated and earlier this month draft legislation pertaining to crypto-assets was leaked to the public. According to a statement by… Read More

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