21Shares Urges European Regulator to Bring Regulatory Clarity
21Shares has urged the European Securities and Markets Authority to give institutional and individual crypto investors “much-needed clarity.” In an effort to resolve regulatory disparities around Europe, cryptocurrency investment firm 21Shares is putting pressure on the European Securities and Markets Authority to create more precise rules for cryptocurrency assets in Undertakings for Collective Investment in […]
EBSI Expands With 41 Regulators in Second Cohort
The European Blockchain Sandbox Initiative (EBSI) expands with 41 regulators and authorities from 22 countries in its second cohort. The European Blockchain Sandbox Initiative announced on September 30 that 41 authorities and regulators from 22 European Union and European Economic Area countries have joined the initiative. France, Spain, The Netherlands, Italy, Greece, Slovenia, Germany, Cyprus, […]
Assetera Market to Launch Secondary Tokenized RWA on Polygon
Assetera, Europe’s first blockchain-based regulated secondary market for tokenized real-world assets (RWAs), will be hosted by Polygon Network. The Austrian Financial Market Authority regulates Assetera. It will implement blockchain-based smart contracts that have been internally developed. Assetera will cater to retail, professional, and institutional clients by providing tokenized financial instruments, including transferable securities, money market […]
Consumer Protection Calls for EU Action on In-game Currencies
The European Commission has received a complaint from European consumer protection organizations regarding the video game industry’s marketing and use of in-game digital currencies. On September 12, the European Consumer Organisation (BEUC) and 22 member organizations from 17 countries urged the European Commission and the European Network of Consumer Authorities (CPC-Network) to implement more stringent […]
Euro Stablecoin Market Surges Under MiCA Framework
French and Irish fintech companies have partnered to introduce a euro-backed stablecoin as the EU’s Markets in Crypto-Assets Regulation (MiCA) framework is progressively implementing itself. The market has been cleansed of participants who cannot comply with regulatory requirements, and a favorable environment has been established for stablecoins pegged to local currency due to these explicit […]