The European Consumer Group (BEUC) has filed a complaint against social media platforms including Instagram, Twitter, TikTok and YouTube for facilitating misleading crypto promotions. The BEUC believes that the misleading adverts are an unfair commercial practice that could result in financial losses. origin »
The European Banking Authority has tabled a proposal on how EU stablecoin issuers can manage liquidity risks through stress tests.
The post European Banking Authority Follows UK With Stablecoin Draft Proposals appeared first on BeInCrypto.
The European Commission plans to use blockchain technology to simplify bureaucratic procedures across its 27 member nations, improve crisis management, and boost administrative efficiencies from 2024.
IMF head Kristalina Georgieva said that CBDCs must be interoperable to prevent settlement blocks.
The post IMF Warns of CBDC Settlement Issues as Digital Euro Sparks Outrage appeared first on BeInCrypto.
Prospective EU legislation could force banks to set aside a punitive amount of capital to back their holdings of cryptoassets.
The post EU to Vote on Massive Capital Requirements for Banks Holding Crypto appeared first on BeInCrypto.