Tagged: european commission

October 1, 2026 @ 8:58 am By JD Alois  |  

Stablecoin rewards, or yield, are a contentious topic in the US and Europe. In the US, the battle is ongoing, but so far the legacy banking sector has the edge, as direct yield has been banned. The GENIUS Act, the US stablecoin law, bars permitted… Read More

February 6, 2026 @ 11:19 am By JD Alois  |  

  The European Union is falling behind in the adoption of blockchain technology, most pressingly tokenization or digital securities. Everyone acknowledges that digital securities are the future. A growing number of innovators and established financial services are utilizing or reviewing tokenized securities. Last month, the… Read More

September 25, 2025 @ 11:34 am By JD Alois  |  

The European Commission is going after big tech again. This time, the Commission is demanding Apple, Google, Microsoft and Booking.com what they are doing to mitigate financial scams. The request falls under the EU Digital Services Act, as “very large online platforms and search engines… Read More

April 9, 2025 @ 10:59 am By JD Alois  |  

The French Autorité des Marché Financiers (AMF) and the Italian Commissione Nazionale per le Società e la Borsa (CONSAB), have joined to submit recommendations to the Europea Commission pertaining to the usage of blockchain or distributed ledger technology (DLT). The AMF shares that the European… Read More

March 24, 2025 @ 8:10 am By Omar Faridi  |  

The European Commission has adopted its strategy for the Savings and Investments Union (SIU), a key initiative to improve the way the EU financial system channels savings to productive investments. It seeks to offer EU citizens broader access to capital markets and “better financing options… Read More

February 19, 2025 @ 12:55 pm By Omar Faridi  |  

A new research report presents the outcome of a detailed study undertaken by IBM Promontory for the European Commission on embedding supervision in the decentralized finance (DeFi) ecosystem. The project comprised four different phases: identifying use cases and protocols to assess, defining elements of comparison… Read More

November 30, 2024 @ 11:06 am By Omar Faridi  |  

The European Commission (EC) adopted rules for the core functionalities and certification of the European Digital Identity (eID) Wallets under the European Digital Identity Framework. As noted in the update shared by the EC, this is considered to be a major step towards Member States… Read More

April 22, 2024 @ 11:00 am By JD Alois  |  

The former PM of Italy, Enrico Letta, has released a report on how to improve the EU single market. The 147-page document, called “Much More Than a Market,” is a “call to action” to improve upon the single market and monetary union. Letta states that… Read More

April 20, 2024 @ 5:24 pm By Omar Faridi  |  

Austrian, French, Italian and Spanish financial market authorities have given their key priorities for a macro-prudential approach to asset management, the AMF noted in a recent update. As the European Commission prepares to launch its consultation on the macro-prudential treatment of risk in asset management,… Read More

May 24, 2023 @ 11:22 am By JD Alois  |  

The European Commission has adopted a new “Retail Investment Package” that seeks to “empower retail investors.” The new policy is part of the European Union’s ongoing Capital Markets Union action plan. During the past few years, the Commission has been gathering and researching the proposals,… Read More

March 28, 2023 @ 11:47 pm By Omar Faridi  |  

The fixed fee money transfer service, Atlantic Money, raised concerns at the Directorate-General for Competition (DG COMP) within the European Commission about the conduct of its competitor, the London Stock Exchange-listed technology company Wise. Having first raised its concerns in January with the Competition and… Read More

October 22, 2022 @ 2:56 pm By Omar Faridi  |  

The agreement between Danske Bank and the consortium of banks behind Vipps to merge MobilePay and Vipps has been “approved by all relevant authorities, including the EU Commission.” The parties expect “to complete the transaction during the fourth quarter of 2022.” The merger was “announced… Read More

October 19, 2022 @ 1:08 pm By JD Alois  |  

European Commission Commissioner for Financial Services, Financial Stability, and Capital Markets Union Mairead McGuinness, says the United States needs to pick up the pace and create bespoke rules for digital assets or crypto assets. The European Union is moving forward with its Markets in Crypto… Read More

September 29, 2022 @ 8:11 am By Omar Faridi  |  

The European Commission has welcomed a Joint Statement by EU and Ukrainian financial institutions “to provide access to affordable, accessible and transparent remittance services to Ukraine.” Today, remittances from Ukrainians in the EU are “a vital way of providing means of subsistence to their families… Read More

July 19, 2022 @ 10:52 am By JD Alois  |  

The European Commission has extended the deadline for compliance with the relatively new European Crowdfunding Service Provider Regulation (ECSPR). Last November, the European Union enacted harmonized regulations for investment crowdfunding platforms and offerings. Under the rules, issuers could raise up to €5 million across all… Read More

July 5, 2022 @ 9:36 am By JD Alois  |  

Last week, it was revealed that the decision-makers for the European Union had come to terms on crypto-asset regulation under the Markets in Crypto Assets (MiCA) legislation. The European Commission announced the MiCA proposal on 24 September 2020 as part of a larger digital finance… Read More

June 30, 2022 @ 7:12 pm By JD Alois  |  

The European Union has agreed on crypto-asset regulation under the Markets in Crypto Assets (MiCA) legislation. According to tweets distributed by Member of European Parliament (MEP) Stefan Berger, Europe will be the first continent with crypto asset regulation as the European Parliament, European Commission and… Read More

May 20, 2022 @ 2:07 am By JD Alois  |  

The European Securities and Markets Authority (ESMA) has posted a statement encouraging crowdfunding providers to speed things up in migrating to the new pan-European rules. At the end of 2021, the European Union approved a new regulatory regime that enables issuers to raise capital online… Read More

May 3, 2022 @ 7:07 pm By JD Alois  |  

PayPal (NASDAQ:PYPL) is at least one of the firms that called up the European Commission to complain about Apple (NASDAQ:AAPL) and its Apple Pay offering pushing the competition ministry to pursue possible anti-trust violations, according to a report in Bloomberg. This is not the first… Read More

May 2, 2022 @ 7:45 am By JD Alois  |  

Margrethe Vestager, EU Executive VP, Competition Policy, is pursuing big tech once again, this time hitting Apple (NASDAQ:AAPL) with anti-trust charges. Today in a public statement, the European Commission said it has sent a Statement of Objections to Apple regarding its view that it abused its… Read More