Cryptocurrency Market

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  • BTC Dominance: 56.54%

EU Parliament

ukraine-to-adopt-europe’s-crypto-rules,-clarifies-taxation

Ukraine to Adopt Europe’s Crypto Rules, Clarifies Taxation

Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has issued a clarification regarding the taxation of income resulting from cryptocurrency transactions. Ukraine Set to Incorporate EU Crypto Regulations Into National Law A regional leader […]

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eu-parliament-greenlights-markets-in-crypto-assets-law,-tracing-rules

EU Parliament Greenlights Markets in Crypto Assets Law, Tracing Rules

Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators also backed the introduction of mechanisms allowing the tracing of cryptocurrency transactions which will also apply to private crypto wallets above a certain threshold. European Lawmakers Endorse Groundbreaking Crypto Assets Legislation Europe’s new common rules

EU Parliament Greenlights Markets in Crypto Assets Law, Tracing Rules Read More »

chair-of-eu-parliament’s-committee-on-budgets-calls-for-crypto-ban-amid-banking-turmoil

Chair of EU Parliament’s Committee on Budgets Calls for Crypto Ban Amid Banking Turmoil

A European lawmaker has urged authorities to impose a ban on cryptocurrencies citing the current crisis in the banking sector as a reason. Johan Van Overtveldt, former finance minister of Belgium, believes these assets bring no economic or social value. Belgium’s Ex-Finance Minister Suggests Ban on Decentralized Digital Currencies Member of the European Parliament, Johan

Chair of EU Parliament’s Committee on Budgets Calls for Crypto Ban Amid Banking Turmoil Read More »

european-commissioner-says-impact-of-svb-collapse-‘limited’-as-credit-suisse-drags-down-banking-stocks

European Commissioner Says Impact of SVB Collapse ‘Limited’ as Credit Suisse Drags Down Banking Stocks

Silicon Valley Bank’s (SVB) collapse has had a “limited impact” on the European Union but authorities must still “stay alert” to events as they unfold, European Commissioner Mairead McGuinness has said. Despite McGuinness’ reassuring remarks, stocks of Europe’s largest banks still plunged by as much as 10% on March 15. Silicon Valley Bank’s ‘Limited’ EU

European Commissioner Says Impact of SVB Collapse ‘Limited’ as Credit Suisse Drags Down Banking Stocks Read More »

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‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament

Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets and are expected to enter into force in January, 2025. EU Legislators Approve Draft Law Implementing the Basel III Capital Regulations for Banks Members of

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