EU

Christoph F. Strnadl, Director of Technology Adoption at IOTA, highlighted outcomes from the EU Commission workshop in Brussels on NFT- and smart contract-based IPR management. Strnadl also underscored the collaborative spirit among EU_EBSI PCP finalists—Billon Group, Chromaway, and IOTA—at the workshop. Christoph F. Strnadl, Director of Technology Adoption at IOTA, shared insights from the recent EU Commission workshop on NFT—and smart contract-based IPR management held in Brussels. The workshop featured presentations and discussions from the three PCP finalists: IOTA, Chromaway,…

The post Apple in Hot Water: EU charges Apple over App Store rules, alleging DMA violation appeared first on Coinpedia Fintech News In a rising tide of regulatory scrutiny, Apple Inc. is yet again under the microscope for its app store practices. The European Union (EU) has stepped up its regulatory efforts, targeting the tech and crypto industries to promote fair competition and maintain market integrity. This approach shows how the EU is working hard to limit the power of…

The post Bitfinex Analyst Says EU Elections Could Be Make-or-Break Moment for Crypto Here’s Why  appeared first on Coinpedia Fintech News As the European Union (EU) prepares for parliamentary elections next week, the cryptocurrency sector braces for potential regulatory shifts that could significantly impact its future trajectory. According to Bitfinex’s Head of Derivatives, Jag Kooner, the outcome of these elections could either lead to stricter controls or accelerate supportive regulations, depending on the political landscape. Election Impact on Crypto Regulations…

The EU explores adding Bitcoin and cryptocurrency exposure to its €12 trillion investment market. Potential inclusion could surpass the market size of current Bitcoin ETFs and signal new all-time highs for BTC and ETH. The European Securities and Markets Authority (ESMA), the EU’s key financial regulator, recently issued a Call for Evidence to review the Undertakings for Collective Investment in Transferable Securities (UCITS) Eligible Assets Directive (EAD). The aim is to assess the risks and benefits associated with allowing UCITS…

Europe’s securities regulator is seeking input from stakeholders on the potential inclusion of crypto assets in a potentially massive market. The European Securities and Markets Authority (ESMA), the regulatory authority responsible for overseeing financial markets within the European Union, has recently initiated a comprehensive review of the regulations surrounding the Undertakings for Collective Investment in Transferable Securities (UCITS) Eligible Assets Directive (EAD). This move could potentially enable the integration of cryptocurrencies into a vast investment market valued at approximately €12…

VeChain is expanding its footprint in Europe with Oobit payments integration. With many licenses in its portfolio, VeChain foresees a greater revolution in payments through blockchain. Enterprise blockchain solution VeChain (VET) has announced entry into the European payment market through an NFC integration. The integration promises to revolutionize spending for Android users in Europe. VeChain Collaborates With Oobit As revealed in a press release, Oobit will include VET, VeChain’s native currency, into its Tap & Pay function, which allows users…

The European Parliament’s recent passage of stringent anti-money laundering regulations signifies a significant crackdown on financial crime within the cryptocurrency industry. The legislation introduces tighter oversight on non-custodial wallets, aiming to bolster transparency and combat illicit activities. However, concerns linger regarding the impact on user autonomy and the broader adoption of blockchain technologies. On Wednesday, April 24, the European Parliament passed a new rule in order to combat the violation of anti-money laundering (AML) rules while addressing incidents of terror…

UniMe’s recent update introduces a History feature and enhances credential management, making strides towards eIDAS 2.0 compliance. Integration of IOTA support in the upcoming update highlights a significant move towards interoperable European Identity Wallets. Impierce Technologies has recently upgraded their UniMe – Identity Wallet app, emphasizing the addition of a new History feature and the enhancement of user experience in credential management. Developed by Impierce Technologies with inputs from Digital Zen’s Andrew Brough (renowned for Firefly, Selv, and other IOTA…

The European Union (EU) is inching closer to reaching an agreement on the Markets in Crypto-Assets (MiCA) crypto legislative package. A Bloomberg report unveiled this news today, citing sources conversant with this development. The sources requested to remain anonymous, seeing as the information is confidential. According to the report, France - which currently Chairs the EU and European Parliament - is optimistic about addressing issues holding up MiCA within a month. Negotiators will meet on June 14 and June 30,…