The European Parliament adopted a new AML law package which increases the reporting requirements of crypto asset service providers (CASPs) when sending and receiving ‘anonymous’ payments between self-hosted wallets and custodial service providers, in addition to limits on cash transactions and the establishment of a ‘central watchdog’ agency, which will …
Read More »
The majority of the EU Parliament’s lead committees approved a new legislative move to ban anonymous crypto payments has ignited a firestorm of debate, marking a pivotal moment in the regulation of digital currencies within the bloc. This comprehensive package of anti-money laundering measures, extending beyond cryptocurrencies to include significant …
Read More »
Matteo Garrone presented his film Io Capitano, Italy’s contender for the 2024 best international feature Oscar, to a packed theater of European parliamentarians and attendees on Nov. 15, for an event titled “Europe Seen by Others.” The refugee drama, which follows two Senegalese men who travel across Africa and the …
Read More »
The European Union has been actively preparing for what it envisions as the future of money. Over the last year, it finalized its landmark comprehensive crypto legislation, the Markets in Crypto-Assets regulation (MiCA), which is due to take effect in 2024, after closing its second consultation in October. It has also …
Read More »
Comedian Rob Schneider said he’s cancelled an upcoming visit to Canada after a parliamentary tribute last week honoured a Ukrainian Second World War veteran who fought for Nazi Germany. On Friday, 98-year-old Yaroslav Hunka was honoured in the House of Commons with a standing ovation across party lines. The tribute …
Read More »
This month, the crypto company faced issues with regulators in at least four countries.This month, the crypto company faced issues with regulators in at least four countries. The Director of Binance in Brazil Guilherme Haddad could be called to appear before the Brazilian Parliament. This is because there is an …
Read More »
The EU is taking the lead with legislation for artificial intelligence as it passes its AI Act to minimize risks posed by the technology. The European Union (EU) Parliament has passed the EU AI Act to oversee the development and application of artificial intelligence in the region. On Wednesday, Parliament …
Read More »
While the EU is in the final stages of making MiCA a reality and hence fosters a more defined market participation, the industry has been fussing around the laid-back approach of the US in relation to floating similar rules. The European Union (EU) has now broken the record of being …
Read More »
On April 20, the European Parliament voted to pass the Markets in Crypto-Assets (MiCA) regulation, the European Union’s main legislative proposal to oversee the crypto industry in its member countries. The MiCA regulation is a significant development for the crypto industry in the European Union. Prior to MiCA, crypto companies …
Read More »
In the letter, Polygon’s board requests amendments to Article 30 of the EU Data Act, which the board fears could stifle blockchain development in its current format. The company behind Polygon, a Proof-of-Stake multi-chain blockchain platform around its ERC-20 token MATIC, has sent an open letter to representatives of the …
Read More »
India both actually has collective amnesia, or simply pretends to have it. Which is why the heckling of Congress president Mallikarjun Kharge in Rajya Sabha for wearing an expensive Louis Vuitton scarf not solely comes throughout as facile however betrays a wilful ignorance of comparative contexts. Why does the ruling …
Read More »Ukrainian President Volodymr Zelenskyy has addressed the European Parliament as he seeks extra navy help, saying Ukraine and the European Union are combating collectively in opposition to Russia — in his phrases “the most anti-European force” on this planet. Zelenskyy obtained standing ovations earlier than, throughout and after his speech …
Read More »