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European Union
Meta Faces Record $1.3B Privacy Fine From E.U.
Facebook parent Meta Platforms was fined a record privacy penalty of $1.3 billion by European Union lawmakers for mishandling U.S. user information. "The Hash" panel discusses the fine and the potential use cases of Web3 for data privacy protection.

Draft Text Reveals EU Crypto Tax Plans Include NFTs, Foreign Companies
The European Union plans to force crypto companies to give tax authorities details of their clients' holdings, even if they’re based outside the bloc or offering non-fungible tokens (NFTs), according to a draft bill released to CoinDesk under freedom of information laws. "The Hash" panel discusses the latest developments in global crypto regulation.

ECB Mulls Decentralized Settlement for Wholesale Financial Markets
Euro regulators are looking again at their centralized settlement systems as they explore central bank digital currencies.

EU Greenlights MiCA as Cryptos Tumble Amid Economic Worries
Lawmakers in the European Union voted in favor of the new crypto licensing regime MiCA, but the crypto market has been seeing losses across the board. That market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

EU Parliament Greenlights Crypto Licensing, Funds Transfer Rules
Lawmakers in the European Union on Thursday voted 517-38 in favor of a new crypto licensing regime, Markets in Crypto Assets, popularly known as MiCA. John Ehlers, Chief Operating Officer of Bitstamp, which has operated in the E.U. for over a decade, reacts to this landmark vote and how it may impact crypto exchanges.

Bitstamp COO on Future of EU’s Crypto Licensing Regime
Lawmakers in the European Union on Thursday voted 517-38 in favor of a new crypto licensing regime, MiCA, with 18 abstentions, making it the first major jurisdiction in the world to introduce a comprehensive crypto law. Bitstamp Chief Operating Officer John Ehlers and CoinDesk Regulatory Reporter Jack Schickler weigh in on the latest developments.

EU Lawmakers Skeptical on Digital Euro Plans
Members of the European Parliament seem nonplussed as they prepare for legislation on the central bank digital currency.

G-7 Will Push for Tighter Global Crypto Regulations: Kyodo
The Group of Seven (G-7) industrialized nations will make global crypto regulations tougher, with a focus on increasing business transparency and consumer protection, according to Kyodo News. Meantime, a revision of the European Union’s Data Act published by the bloc’s member states reveals that smart contracts will have to contain a kill switch. "The Hash" panel discusses the latest on crypto regulation across the world.

EU Banks Told by Regulator to Apply Bitcoin Caps Even Before They Become Law
The European Central Bank, which supervises big euro area lenders, said crypto should be treated as a risky asset.

Bitcoin Suisse Chairman Says EU Won’t Ban Crypto, but It May Seek to Contain It
Luzius Meisser, chairman of the Swiss crypto firm, weighs in on why the bloc is likely to try to build a firewall around crypto rather than prohibit its use altogether.
