European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year

European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next YearThe executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish the legal basis for the digital version of the common European fiat. A draft is expected in 2023. EU Finance Chief Announces Legislative Plan for […]

Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining

Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, MiningTrue to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A consultation paper published by the regulator cites threats to financial stability and citizens’ wellbeing among the main reasons for the proposed restrictions. Russia’s Central […]

Europe’s Securities Watchdog Seeks Feedback on Regulations Ahead of DLT Pilot

Europe’s Securities Regulator Seeks Feedback on Regulations Ahead of DLT PilotESMA, the European Securities and Markets Authority, has set out to establish if EU authorities need to amend existing regulations in order to facilitate the trading and settlement of tokenized securities. The regulator is now seeking opinions on the matter ahead of launching a pilot regime for market infrastructures based on distributed ledger technology (DLT). […]