EU Central Banks Facing Triple Dilemma amid Growing Inflation
Central Banks around the world are grappling with the difficult task of managing excessive inflation while maintaining economic development.
The Court of Justice of the European Union ruled that Bitcoin will be exempt from VAT.
Central Banks around the world are grappling with the difficult task of managing excessive inflation while maintaining economic development.
It is obvious that as the EU is retracting from China, it is also establishing several deep-rooted relationships with other countries in the area of technology.
Several nations trying to adopt CBDCs have maintained that digital currencies should only complement cash rather than outrightly replace them.
French MEP Aurore Lalucq’s main concern is money laundering and other criminal practices. Therefore, she wants to see more regulation of the cryptocurrency sector.
The trilogy of the European Union Council, Parliament, and Commission have finally agreed on the comprehensive Markets in Crypto Assets (MiCA) framework.
Officials of the European Union (EU) have reached a partial agreement to establish a new regulatory body that will oversee Anti-Money Laundering (AML) fights in the region.
While the impacts of the nascent tech are being felt within the European Union as Bitcoin (BTC), Ethereum (ETH), Stablecoins, and other primary expressions or applications of the tech are growing in adoption by the day.