All by tag: EU

The launch of the asset is designed to reduce the bloc’s dependence on external payment systems

The Revolut X platform was launched in May and initially served only UK customers

The document developed by the banking regulator is being reviewed by the European Commission

The association’s members also called on policymakers to create a favorable regulatory framework to facilitate the adoption of the technology

The company was granted an Organized Trading Facility license by the Dutch regulator

According to Jeremy Allaire, the requirement to keep reserves in banks is a threat

The document has been prepared under MiCA requirements, which have been phased in since June 30

Companies operating in the bloc will be required to report such transactions as suspicious

Initially, ten countries, including Italy, Poland and Greece, will participate in the project as operators

The bill must be approved by the finance ministers of the bloc’s member states for it to take effect

The new measures must go through additional stages of approval

The package of bills provides, among other things, for the creation of a single Anti-Money Laundering Authority for the bloc