Italy plans to enforce a new decree to monitor crypto asset risks, imposing fines up to €5 million for market manipulation. This aligns with the European regulatory framework and aims to enhance financial stability. Meanwhile, the EU approved its 14th sanctions package against Russia, including a ban on re-exporting Russian LNG in EU waters.
ZeZhengNew EU regulation enhances anti-money laundering measures for crypto-asset service providers (CASPs), requiring stricter due diligence and reporting of suspicious activities to Financial Intelligence Units (FIUs).
Huang BoRebecca Rettig, chief policy officer at Polygon Labs, shares open letter to EU authorities, in which major amendments to Data Act are proposed
OthersThe site will solely provide fiat withdrawals and no other services.
CryptoSlateThe bill was passed with 500 votes in favor and 23 against — it includes provisions on “essential requirements regarding smart contracts for data sharing.”
CryptoSlatePaolo Gentiloni says a series of international agreements might be needed to stop state-backed digital currencies from infringing sovereignty.
Coindesk“Europe’s upcoming crypto-assets policy framework will be to crypto what GDPR was to privacy,” says Circle chief strategy officer Dante Disparte.
CointelegraphThe U.S. Securities and Exchange Commission (SEC) Chairman Gar Gensler hinted at what could be the future of Bitcoin and ...
BitcoinistHighlighting Germany’s crypto license as an example of attractive regulation, Birgit Rodolphe writes that similar frameworks should be the same throughout the EU to “prevent a fragmented market.”
CointelegraphMairead McGuinness said the U.S. and the EU were both moving forward on comprehensive frameworks for crypto, with President Joe Biden's executive order and the MiCA proposal.
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