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If the project is approved, citizens will be able to manage their personal data themselves without the use of intermediaries

The measures are not legally binding until they are introduced in the European Union

The bill approved by the Committee of the European Parliament reflects the provisions proposed by the Bank for International Settlements

Financial institutions will be required to have excess collateral for digital assets

Hundreds of individuals and companies in Ukraine and the EU were involved in laundering illicit proceeds

If approved by the European Parliament and the European Council, the new rules will affect all firms and may come into force on January 1, 2026

Representatives of the exchange explained that the European Commission did not provide recommendations on compliance with the new restrictions against residents of the Russian Federation

The most important industry news and detailed analysis of the cryptocurrency market in Getblock Magazine’s weekly review

The European Commission also decided to develop energy efficiency labels for various blockchains

The project team offered customers to withdraw their tokens from the Dapper wallet to the Blocto wallet

Most of the pools are located in Chinese jurisdiction, and the mined coins are sold on platforms that have not imposed restrictions

The company supported the eighth package of sanctions against the Russian Federation adopted by the European Union