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Tag: European Union


Banking Tech, Mobile Banking

European Union Council and Parliament Reach Agreement on New Instant Payment Rules

November 10, 2023

Via: The Fintech Times

Instant payments enable people to transfer money within ten seconds at any time of the day, including outside business hours, not only within the same country but also to another European Union member state. The new instant payment rules will […]


Invest tech, Markets

EU officials sign Markets in Crypto-Assets framework into law

May 31, 2023

Via: Investing.com

Officials with the European Union have signed the Markets in Crypto-Assets, or MiCA, bill into law following final approval from finance ministers. On May 31, Sweden’s minister for rural affairs, Peter Kullgren, and European Parliament President Roberta Metsola signed the […]


Invest tech, RegTech

‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament

January 26, 2023

Via: Bitcoin.com

EU Legislators Approve Draft Law Implementing the Basel III Capital Regulations for Banks Members of the European Parliament’s Committee on Economic and Monetary Affairs (ECON) supported a bill on Tuesday designed to enforce the latest global bank capital rules. Reuters […]


Blockchain, Crypto

EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy

October 19, 2022

Via: Bitcoin.com

EU to Develop Energy Efficiency Label for Data Centers Amid Increasing Consumption in Mining The European Union plans to introduce a label for energy efficiency in efforts to counter the growing electricity consumption in data centers such as those mining […]