Latest from Jack Schickler
EU Metaverse Strategy Set to Examine Privacy, Competition and Rights
A policy paper next week won’t set legislative rules – but could point the way ahead on some key Web3 issues.

Binance Australia’s Offices Searched by Financial Regulator: Bloomberg
The company, also under investigation in the U.S. and France, ceased its Australian derivatives business following regulatory warnings

Bankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC Talks
The sell-off precedes creditor distributions that will only be made in the two most popular cryptocurrencies.

UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into Law
The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity.

Slovakian Crypto Tax-Cutting Bill Passes National Parliament
Lawmakers wanted to see a 7% income tax rate for crypto held longer than a year.

ECB to Start Wholesale CBDC Settlement Trials in 2024
The European Central Bank wants to see innovative interventions in financial markets – but under existing rules.

EU Publishes Digital Euro Bill Featuring Privacy Controls, Offline Guarantee
Officials want a digital payment system available to “everyone, everywhere, for free.”

‘End the Extortion:’ BlockFi Creditors File to Liquidate Estate
Creditors accuse CEO Zac Prince of defrauding customers and the company of “mischief” in delaying a wind-up.

EU’s Controversial Smart Contract Kill-Switch Rules Finalized by Negotiators
Lawmakers and governments have reached a deal on the Data Act despite protests from the blockchain industry.

EU Seals Deal on Crypto Bank-Capital Rules
Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system
