European Union News

Czech Republic Plans Tougher Crypto Rules Than Rest of EU
Czech Republic Plans Tougher Crypto Rules Than Rest of EU
08 August 2019, 18:05
The Czech Republic wants to enforce stricter rules on cryptocurrency platforms. These rules will go beyond the European Union (EU)’s Fifth Anti-Money Laundering Directive (AMLD5).
Spanish Police — Bitcoin ATMs Promotes Money Laundering
Spanish Police — Bitcoin ATMs Promotes Money Laundering
11 July 2019, 16:22
Does Bitcoin ATMs promote money laundering? The Spanish Police thinks so.
Crypto Regulation Can Help Post-Brexit UK— Nigel Green
Crypto Regulation Can Help Post-Brexit UK— Nigel Green
09 July 2019, 14:34
According to Nigel Green, the U.K can boost its financial services industry after Brexit by embracing the cryptocurrency market and providing regulatory friendly rules for participants.
Wopke Hoekstra Calls for New AML Directives Including Crypto
Wopke Hoekstra Calls for New AML Directives Including Crypto
01 July 2019, 19:30
Finance Minister, Wopke Hoekstra has suggested the adoption of new measures to combat money laundering using cryptocurrencies.
Europol’s New Video Game to Train Officers on Crypto Investigation
Europol’s New Video Game to Train Officers on Crypto Investigation
14 June 2019, 17:21

The European Union Agency for Law Enforcement Cooperation, popularly known as Europol revealed at the closure of its Sixth Cryptocurrency Meeting today that it is working on a new video game.

EU to Malta —Tighten AML Rules for Growing Crypto Industry
EU to Malta —Tighten AML Rules for Growing Crypto Industry
05 June 2019, 20:41
The European Union (EU) has recommended areas that Malta can beef up efforts to track financial crimes related to cryptocurrency.
Bank of Ireland, Ulster and AIB Adopts Blockchain
Bank of Ireland, Ulster and AIB Adopts Blockchain
30 May 2019, 11:47
Three of Ireland’s Big Four Banks — Bank of Ireland, Ulster and AIB — has started a pilot program that involves the use of a blockchain-based solution built on Ethereum to verify staff credentials.
EU Needs Unified Crypto Regulation — ECB Report
EU Needs Unified Crypto Regulation — ECB Report
27 May 2019, 15:17
Researchers at the European Central Bank (ECB) recommends that the EU pursues a unified regulatory course for the cryptocurrency industry.
European Authorities Shuts Down 27,000 BTC Crypto Mixer
European Authorities Shuts Down 27,000 BTC Crypto Mixer
23 May 2019, 10:27
The Dutch Fiscal Information and Investigation Service (FIOD), Europol and enforcement agencies in Luxembourg, has successfully shut down cryptocurrency mixing service provider, Bestmixer.io.
French Finance Minister Wants Unified Crypto Rules For EU States
French Finance Minister Wants Unified Crypto Rules For EU States
16 April 2019, 08:25
Instead of creating a separate regulatory framework for the cryptocurrency industry in their respective countries, the French Finance Minister, Bruno Le Maire is proposing a more unified framework for the European Union.
EU Report — Regulation Will Help Blockchain Succeed
EU Report — Regulation Will Help Blockchain Succeed
07 March 2019, 21:45
Despite all the success that the blockchain industry has enjoyed so, a recent report by the European Union Blockchain Observatory and Forum claims that regulation is the missing piece.
Steven Maijoor Backs Crypto Regulation in Europe
Steven Maijoor Backs Crypto Regulation in Europe
28 February 2019, 08:28
Will it happen soon? Steven Maijoor, Chairman of the European Securities and Markets Authority (ESMA) has backed the release of further laws to guide the use of cryptocurrencies in the continent.
Russia Classifies Crypto-Related Theft as Criminal Offence
Russia Classifies Crypto-Related Theft as Criminal Offence
26 February 2019, 21:18
any individual who steals cryptocurrencies and converts them to fiat or vice versa will be liable to the same punishment as anyone who launders money under Russian law.
Cyprus SEC To Regulate Crypto With EU AML Laws
Cyprus SEC To Regulate Crypto With EU AML Laws
20 February 2019, 02:07
Cyprus set to impose EU anti-money laundering (AML) laws on local cryptocurrency-related business. What impact will this have on the ecosystem?
Germany's First Step To Possible Crypto Regulation
Germany's First Step To Possible Crypto Regulation
18 February 2019, 20:53
After letting its crypto and blockchain ecosystem exist without regulations for over a decade, German authorities are finally looking to call the new industry to order.
Russia's MOJ — No Need For Crypto Legalization
Russia's MOJ — No Need For Crypto Legalization
15 February 2019, 12:26
Russian Minister of Justice, Alexander Konovalov said its too early for the country's legislative arm to define crypto regulation.
Luxembourg Pass Blockchain Regulation Bill
Luxembourg Pass Blockchain Regulation Bill
15 February 2019, 10:46
Luxembourg lawmakers have continued their proactive stance toward the development of blockchain technology by passing a new bill that brings more certainty to companies in the new industry.
Spain Still Far Away From Crypto Regulation
Spain Still Far Away From Crypto Regulation
11 February 2019, 18:23
A new notice released by Banco De España (Bank of Spain) on February 10, suggests that the country is not ready to regulate the cryptocurrency industry any time soon
Eurasia Wants Crypto Regulation
Eurasia Wants Crypto Regulation
29 January 2019, 20:43
The executive arm of the Eurasian Economic Union (EAEU) known as the Eurasian Economic Commission just released a report on cryptocurrencies and blockchain technology. Plans regulation soon
Top 5 Crime Reports in Crypto This Week
Top 5 Crime Reports in Crypto This Week
28 January 2019, 15:27
In this article, we reveal the top five crime reports in crypto this week with Initial Coin Offerings and the hack of peer-to-peer crypto exchange, LocalBitcoins among the most prominent.
Europol Arrest $11m Crypto Theft Suspect
Europol Arrest $11m Crypto Theft Suspect
25 January 2019, 13:37
European Union law enforcement agency, Europol has reportedly caught up with a 36-year old British man alleged to be the mastermind of $11 million crypto theft in early 2018
EBA and ESMA call for crypto reguations in EU
EBA and ESMA call for crypto reguations in EU
11 January 2019, 07:37
Tthe European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) issued separate reports this week, urging the European Commission to provide rules for cryptospace.
G20 To Align Crypto Regulations With FATF
G20 To Align Crypto Regulations With FATF
03 December 2018, 16:25
At a just-concluded G20 Summit held in Buenos Aires, Argentina, the body announced as part of its written declaration that they “will regulate crypto-assets for anti-money laundering and countering the financing of terrorism in line with FATF standards and we will consider other responses as needed”.