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European AML Regulations Follow the US Path With a Six-Years’ Delay

Opinion In January 2020, the regulatory landscape for crypto businesses will completely change in the European Union in comparison with the last decade — and these changes will touch all those who store clients’ crypto funds or provide fiat-to-crypto exchange services, at minimum. Not long ago, th..

EU Fights Corporatization of AI and Blockchain With Massive Investment

Expert Take The European Union's announcement of a new 110 million euro fund to support research on artificial intelligence and blockchain comes at a critical time for the AI industry, when issues at the intersection of privacy, security and AI are the focus of acute attention by government, ..

China’s Dive Into Blockchain, Digital ID Spurs Rest of World to Action

Analysis News on crypto and blockchain technology is coming in abundance from China. This became especially true in late October 2019, when the Chinese President Xi Jinping called for accelerating the use of blockchain technology in the country. President Xi identified dozens of use cases that sho..

Bitcoin ‘Is Not Real,’ Says Former European Central Bank Chief

News Bitcoin (BTC) lacks the characteristics of a currency and is purely speculative, according to the European Central Bank’s former president Jean-Claude Trichet. Chinese news outlet South China Morning Post reported on Nov. 10 that Trichet made remarks at Caixin’s conference in Beijing. “I am s..

EU & Turkey Respectively Eyeing Expanded Digital Currency Efforts

The game of coins is on. And that’s not referring to another token offering bubble, but instead to increasing sovereign efforts aimed at the development of state-backed digital currencies. To be sure, much ado has already been made about China’s apparently advanced plans for a digital yuan, and som..

European Union Drafts Law Suggesting Consideration of Eurocoin

News A draft document issued by the European Union suggests that the union should consider issuing its own digital currency. Will the EU wage war on crypto?Reuters reported on Nov. 5 that the draft in question — which is still subject to amendments — urges member states to develop a common approac..

Top European Official Taking Closer Look at New Cryptocurrency Rules

One of the European Union’s most influential officials has promised to introduce new regulations on cryptocurrencies for member nations of the economic and political bloc. That official is Valdis Dombrovskis, who currently serves as the Commissioner for Economic and Monetary Affairs and the Euro as..

Libra Association Talks With EU Regulators Following Opposition

News The Libra Association is in talks with European Union regulators, according to its managing director, according to an interview with Reuters, Sept. 27. Bertrand Perez said that discussions were ongoing and there was still work to do, in one of his first public appearances on the job at a bloc..

EU and Libra: Facebook’s Project Gets Challenged as ‘EuroCoin’ Looms

Analysis The ripples of the Libra effect are beginning to lap against the shores of Europe, with French Finance Minister Bruno Le Maire suggesting that Europe should throw its hat into the ring and launch its own digital currency. Le Maire’s announcement comes at a time when EU politicians are bec..

CME’s BTC Index Provider CF Benchmarks Wins EU License

News CF Benchmarks, CME Group’s Bitcoin (BTC) index provider, received a benchmark license under the European Benchmarks Regulation (EU BMR). On Sept. 13, CF Benchmarks’ official Twitter account announced that the firm received its license from the United Kingdom’s Financial Conduct Authority (FCA..

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