European Council - All News And Posts By Crowdfund Insider

AI Act: European Council Approves Law Aiming to Harmonize Rules on Artificial Intelligence

May 22, 2024 @ 8:35 am By Omar Faridi |

The European Council has now approved a law aiming to harmonise rules on artificial intelligence, the so-called artificial intelligence act. The flagship legislation follows a ‘risk-based’ approach, which means “the higher the risk to cause harm to society, the stricter the rules.” It is the… Read More

European Union Adopts Instant Payments Regulatory Guidelines

February 27, 2024 @ 8:02 am By Omar Faridi |

The European Council reportedly adopted a regulation that will make instant payments fully available in euro to consumers and businesses in the EU and in EEA countries. The new rules will improve the strategic autonomy of the European economic and financial sector as they will… Read More

Read more in: Fintech, Global, Politics, Legal & Regulation | Tagged eea, EU, europe, european council, payments

European Council Tells European Parliament it is OK with Markets in Crypto Assets Directive (MiCA)

October 6, 2022 @ 11:42 am By JD Alois |

In a letter sent to the Chair of the Committee on Economic and Monetary Affairs of the European Parliament, the European Council said it approved of the Parliament’s position on the Markets in Crypto Assets (MiCA) directive as it stands and it will be adopted… Read More

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

October 6, 2020 @ 9:40 am By JD Alois |

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

Finally. European Union Agrees on Harmonized Crowdfunding Rules, Offering Cap Set at €5,000,000

December 19, 2019 @ 11:06 am By JD Alois |

According to a notice published by the Europea Parliament, final European Union-wide rules have been agreed upon thus forwarding the goal of a true monetary union while promoting online capital formation. The European Parliament negotiating team has reached a deal with the European Council which… Read More

EU: “No global stablecoin arrangement should begin operation in the European Union until the legal, regulatory and oversight challenges and risks have been adequately identified and addressed”

November 8, 2019 @ 9:58 am By JD Alois |

The Council of the European Union has posted a memo, or “draft joint statement,” regarding stablecoins – a hot policy topic these days due to Facebook’s attempt to launch a global, non-sovereign, cryptocurrency. When Facebook revealed the creation of Libra, and the executive body the… Read More

EU Member States Conclude Negotiations on European Crowdfunding Service Provider Regime: Harmonized Regime instead of Opt-In, Major Boost for Lending Platforms

June 27, 2019 @ 1:03 pm By Karsten Wenzlaff |

The European Council has concluded its negotiations on the European Crowdfunding Service Provider Regime, after discussing for more than a year how to facilitate more cross-border Crowdfunding, especially for equity-based and lending-based Crowdfunding. The European Council “defines the EU’s overall political direction and priorities.” The… Read More