News with the tag "EU Parliament"

In 2018, as a member of the European Parliament for Malta, she called for regulation on crypto and blockchain when needed, without stifling innovation.

The election for new members of the European Parliament starts June 6, with results expected on June 9. The more than 700 MEPs shape and decide on new laws, and will be voted in as the EU's landmark Markets in Crypto Assets legislation starts coming into effect.

The laws are to ensure sanctions rules are applied uniformly across the EU's 27 member states.

Customer due diligence requirements for crypto firms may be more stringent than for banks, policy watchers told CoinDesk.

Crypto firms have to do checks on transactions of 1000 euro or more, and the framework adds measures to mitigate risks in transfers with self-hosted wallets.

The EU Parliament has given its nod to the landmark Data Act, positioning the EU at the forefront of digital innovation. With 481 votes to 31, the act is poised to revolutionize how data is shared across the bloc, according to a press release. At the heart of the debate is a stipulation with far-rea...

The final version of the bill's text, reviewed by CoinDesk in July, revealed that it contained a smart-contract kill switch clause.

Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the kill-switch, according to a final version of the text seen by CoinDesk

New rules could kill off permissionless smart contracts, the industry worries.

Landmark new crypto laws under MiCA may have few short-term benefits without further steps, the report commissioned by EU lawmakers says