About: crypto-currency

Economy & Jobs 12-10-2020

Why is the ECB eyeing a ‘digital euro’?

The European Central Bank will on Monday (12 October) launch a public consultation and start experiments to help it decide whether to create a "digital euro" for the 19-nation currency club.
Economy & Jobs 17-09-2020

LEAK: Commission plans new revolution for “open finance” in 2022

The European Commission wants financial firms and other companies to share more customer data to create a “broader open finance space" with new services for citizens, according to a draft of the Digital Finance Strategy seen by EURACTIV.
Economy & Jobs 11-09-2020

Big euro economies push for strong cryptocurrency rules

The finance ministers of France, Germany, Italy, the Netherlands and Spain called on the European Commission to include “strong rules” in its upcoming cryptocurrency proposal, in particular for global digital tokens like Facebook’s Libra.
Economy & Jobs 10-09-2020

LEAK: EU to create ‘superbody’ of watchdogs to oversee digital currencies

The EU will set up a new college of supervisors, including national and European authorities, to oversee “significant” digital currencies including Facebook’s Libra, according to the European Commission’s cryptocurrency draft proposal seen by EURACTIV.
Economy & Jobs 23-06-2020

Commission to present ‘strong’ rules for Facebook’s Libra

The European Commission will present later this year new rules to develop a “sound” crypto-asset market in the EU, including for stablecoins such as Facebook’s digital currency Libra, financial services commissioner Valdis Dombrovskis, said on Tuesday.
Economy & Jobs 06-12-2019

Libra maintains 2020 approval target despite concerns

Facebook-sponsored digital currency Libra is determined to getting the green light by European regulators next year, despite the numerous concerns raised by EU finance ministers, a senior representative of the project told EURACTIV.com.
Economy & Jobs 03-12-2019

ECB to review its mandate with ‘open mind’, Lagarde says

The European Central Bank (ECB) will embark on a strategic review of its mandate and instruments to achieve its inflation target of 2% with an “open mind”, its president Christine Lagarde said on Monday (2 December).
Economy & Jobs 08-11-2019

Commission wary of side effects of Libra regulation

The European Commission has called for a “proportionate” and differentiated approach to regulating digital currencies including Facebook’s Libra, as the EU needs to preserve is developing Fintech environment.
Economy & Jobs 06-11-2019

EU maintains option of blocking Facebook’s Libra

Europe is ready to “prevent the development” of risky digital currencies including Libra until all concerns have been addressed, according to the latest proposal to be discussed by EU finance ministers and seen by EURACTIV.com.
Economy & Jobs 17-10-2019

Smart taxation should consider national and consumption realities

States need to be prepared and equipped to tax what cannot be seen, but also to increase the fairness and effectiveness of the collection of tax revenues, a panel of experts has agreed. The Focus Group ‘Smart taxation in a...
Economy & Jobs 04-09-2019

EU member states to look into Facebook’s controversial Libra

The Economic and Financial Committee (EFC), which brings together the EU’s member states, has requested an analysis note from the European Commission to further look into the risks posed by Facebook’s controversial digital currency Libra and the ways to regulate it.
Economy & Jobs 05-06-2019

In Fukuoka, EU to focus on trade tensions at G20, seek tax on digital firms

Resolving global trade tensions must be a top priority to preserve an expected modest rebound in global growth, European Union finance ministers will tell G20 counterparts this week amid an escalating US-Chinese trade conflict.
Digital 11-01-2019

Cryptoasset investors exposed to substantial risks, two EU reports find

Cryptoassets are dangerously unregulated and may give rise to criminal activities, according to two recent assessments published by the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA).
Economy & Jobs 05-09-2018

Europe moves towards a common approach to regulate cryptoassets

European decision-makers and regulators are progressing towards an EU approach for dealing with cryptoassets, digital assets that use cryptography such as Bitcoin and represent a booming market still viewed with concern by financial supervisors.
Economy & Jobs 26-02-2018

Europe postpones response to cryptocurrencies to end of year

The European Commission will assess whether new rules are needed against the “substantial speculation” of digital currencies, Commission vice-president Valdis Dombrovskis said on Monday (26 February).
Economy & Jobs 26-02-2018

Commission holds its fire against Bitcoin and Co.

The European Commission is still hesitant to regulate cryptocurrencies, despite a warning issued by European regulators and bans imposed in other regions following the rising market volatility of digital currencies.
Economy & Jobs 14-02-2018

How Iceland became the Bitcoin miner’s paradise

Iceland is the first country to use more electricity on mining crypto-curriencies than on its households – thanks in part to its magma-fuelled power plants. EURACTIV's partner The Guardian reports.
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