The European Union’s Markets in Crypto-Assets Regulation is being phased in, but regulators have reportedly been inconsistent in enforcing existing laws.
This regulatory framework for stablecoins results from a joint collaboration between the European Banking Authority and the European Securities and Markets Authority.
The landlocked country of Andorra sought technical assistance from the International Monetary Fund on various topics, including effectively monitoring crypto assets.
Google launched the “AI Opportunity Initiative for Europe” to provide Europeans with skill training in the field of AI.
Torrevieja, a tourist hub in the Alicante province of Spain, will allow stores to accept payments in crypto, paving the way for greater adoption.
The Volkswagen Group says it’ll collaborate with the tech sector in Europe, North America and China.
The euro-pegged stablecoin will be the first of its kind in the region and will be available to the bank’s customer base for trading use.
HSBC has partnered with Ripple-owned tech firm Metaco to allow institutional investors to hold tokenized securities on its new custody platform.
From Hong Kong to Europe and the United States, regulators are pushing for more oversight and control over digital assets.
