Tag: EU
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European Union Approves Banks to Hold up to 2% of Capital in Bitcoin and Cryptocurrencies!
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In a significant regulatory development, the European Union (EU) has taken a pivotal step toward integrating cryptocurrencies into the financial system by voting to permit banks within the bloc to allocate a maximum of 2% of their capital to holdings in Bitcoin and other cryptocurrencies.
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MEP Kaili Suspended From The Party Over A Money Laundering & Corruption Scandal!
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European Parliament Vice President Eva Kaili, a key figure in ongoing efforts to regulate cryptocurrencies in Europe, has been suspended by her party. It comes in response to reports that she and others are allegedly involved in a wide-ranging corruption scandal involving illegal lobbying for Qatar.
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Fighting Cyber Treats – EU Provisional Agreement On Cybersecurity And Resilience!
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The EU is strengthening the IT protection of monetary entities, including banks, coverage corporations, and funding companies. On 10 Maz 2022, the EU Council presidency and the European Parliament reached a provisional agreement on the Digital Operational Resilience Act (DORA), which will make sure the financial sector in Europe is…