Artículos Relacionados con EU

European Central Bank Backs EU’s Plan For Centralized Crypto Firms Oversight

The European Central Bank (ECB) has endorsed the EU's proposal to centralize oversight of crypto asset service providers (CASPs) and other key financial market participants under the European Securities and Markets Authority (ESMA). This move, supported by France and Germany, aims to harmonize regulation and boost the competitiveness of the EU's capital markets. The ECB emphasized the need for ESMA resources and a gradual transition to minimize disruption. However, the plan faces opposition from smaller EU nations and industry participants who argue it undermines national regulators' efforts and the credibility of the existing Markets in Crypto-Assets Regulation (MiCA). Critics warn that reopening MiCA now could create legal uncertainties and delay implementation. The proposal will now undergo negotiations between EU governments and the European Parliament.

bitcoinist04/11 12:32

From Cash to Crypto: Towards a Consistent Regulatory Approach to Illicit Payments

"From Cash to Crypto: Towards a Consistent Regulatory Approach to Illicit Payments" by Andrea Minto et al. (BIS) examines the challenges for Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) regulation posed by the diversification of payment instruments, from cash and bank deposits to cryptoassets and CBDCs. The paper introduces a conceptual framework centered on the degree of intermediary involvement in a payment tool. It identifies a "waterbed effect": as regulators tighten AML/CFT rules on one type of instrument (e.g., bank transfers), illicit activity may shift to less-regulated alternatives with lower detection probabilities (e.g., self-hosted crypto wallets). This regulatory arbitrage undermines overall effectiveness. The framework categorizes payment tools as either intermediary-dependent (e.g., bank deposits, e-money, custodial wallets) where regulated entities perform checks, or non-intermediated (e.g., cash, self-hosted wallets, offline CBDCs) which offer higher anonymity and pose greater detection challenges. Malicious actors are assumed to choose tools that minimize their risk of detection. A case study of the EU's evolving AML/CFT regime illustrates this dynamic, showing how regulation has expanded over time to cover new entities like Crypto-Asset Service Providers (CASPs). However, inconsistencies remain, such as transaction limits for cash but not yet for self-hosted wallets or offline digital euro transactions. The paper concludes by proposing a dual regulatory approach: a *lex generalis* establishing a unified baseline of core obligations for all intermediated tools, and a *lex specialis* with tailored rules for non-intermediated instruments (e.g., transaction limits for cash and offline CBDCs, enhanced "touch point" monitoring for self-hosted wallets). This aims to create a more effective, consistent, and forward-looking framework that balances financial integrity with considerations for user privacy and innovation.

marsbit03/29 12:18

The Crisis for Small and Medium-Sized Hotels: Booking's CEO Criticizes Google Gemini and ChatGPT for 'Unfair Practices'

The CEO of Booking Holdings, Glenn Fogel, has issued a strong warning that Google's Gemini and OpenAI's ChatGPT are using their dominant market positions to push small and medium-sized hotels to the brink. Fogel argues that while traditional search allowed users to browse multiple options, AI assistants now often provide only one to three algorithmically filtered "best" recommendations in response to travel queries. This leaves independent hotels, which lack big data resources and dedicated AI optimization teams, effectively invisible in search results. Although Fogel has previously criticized EU regulations like the Digital Markets Act (DMA), he now supports antitrust scrutiny of AI-generated search results. He advocates for audits to ensure that large AI platforms do not unfairly prioritize their own services or those of major corporations that pay high fees. In response to this competitive threat, Booking is investing an additional $700 million by 2026 to develop in-house AI marketing tools and a "Connected Trip" program. The initiative aims to help smaller hotels structure their data to improve visibility across AI platforms, while emphasizing that complex customer service—such as handling flight delays or cancellations—remains a core strength of Booking’s business.

marsbit03/26 02:21

Bybit EU Integrates PayPal for Seamless Crypto Deposits and Withdrawals

Bybit EU, the European division of the cryptocurrency exchange, has integrated PayPal as a new method for fiat deposits and withdrawals across all EEA regions. This partnership combines PayPal's trusted payment services with Bybit EU’s regulated crypto platform, offering users a secure and familiar way to transition between fiat and digital assets. The integration simplifies the onboarding process for newcomers by allowing them to use PayPal, a widely recognized payment method, for crypto transactions. Operating under the EU’s MiCA regulatory framework, Bybit EU emphasizes compliance and consumer protection. The collaboration includes a co-branded reward campaign where users can earn up to €30 in Bitcoin and enjoy zero fees on PayPal fiat deposits for a limited time. Executives from both companies highlighted the importance of trusted payment experiences in driving broader adoption of digital assets.

TheNewsCrypto03/18 00:57

SwissBorg Secures MiCA Approval from France’s AMF for EU Crypto Services

SwissBorg has obtained MiCA regulatory approval from France’s AMF, reinforcing its commitment to compliant and secure crypto-asset services. This authorization allows the platform to offer a wide range of services including custody, trading, and portfolio management across the EU. The approval, granted by one of Europe’s most stringent regulators, underscores SwissBorg’s strong internal controls and user protection standards. CEO Cyrus Fazel emphasized that regulation is key to mass adoption and trust. SwissBorg will migrate its European users from Estonia to a newly authorized entity in France in the coming months, ensuring full MiCA compliance and enhanced safeguards for users.

TheNewsCrypto03/13 21:59

BIS Warns Crypto Self-Custody Could Become New AML Loophole

A new BIS paper warns that self-custodied crypto wallets could become a significant loophole in anti-money laundering (AML) enforcement if regulatory gaps are not addressed. The report highlights that as regulated payment channels face stricter rules, illicit financial flows may shift towards self-hosted wallets, which operate without intermediaries and thus avoid customer due diligence, transaction monitoring, and suspicious activity reporting. The paper argues that these wallets may be more attractive for illegal activities than cash due to their digital ease of transfer, cross-border efficiency, and lack of physical constraints. This creates a “waterbed effect,” where tightening one area of regulation simply displaces risk to another. Using the EU as a case study, the authors note that while hosted crypto services are now integrated into AML frameworks, self-custody wallets remain largely outside direct oversight. The absence of transaction limits, unlike the €10,000 cap on cash, could incentivize malicious actors to migrate to self-hosted crypto assets, thereby undermining overall AML efforts.

bitcoinist03/11 05:32

Bybit EU Launches “Bigger Return, Shorter Hold” Campaign Across the EEA

Bybit EU has launched a limited-time "Bigger Return, Shorter Hold" campaign offering a 3% annual percentage yield (APY) to users in the European Economic Area. The promotion applies to net top-ups made between February 25 and March 31, 2026, which must be held for 180 days starting from March 31. Participants can trade, stake eligible assets, and use funds normally during the holding period, but withdrawals will disqualify them from rewards. The campaign requires a minimum participation of €1, up to €10,000, and does not require separate staking enrollment. Rewards are distributed after the 180-day period. Bybit EU operates under MiCA regulation in Austria and provides compliant crypto services across the EEA.

TheNewsCrypto03/05 11:25

X Allows Paid Crypto Promotions but Restricts Ads in EU and UK

X has updated its advertising policy to allow paid crypto promotions through its official partnership programs, requiring clear labeling for transparency. However, the platform maintains restrictions on non-partnership crypto ads to prevent spam and misleading content. This move aligns X with other social networks that permit regulated crypto advertising, emphasizing compliance with legal and platform standards. Industry analysts believe this could boost visibility for legitimate crypto projects and influence marketing strategies, though regulatory compliance remains crucial. The policy does not permit unsolicited promotions, balancing openness with controls.

TheNewsCrypto03/02 07:10

KuCoin EU Expands Local Compliance and Governance Team in Austria

TheNewsCrypto02/20 06:55

Russia May Block Global Crypto Exchanges Ahead Of New Regulatory Framework – Report

Russia is preparing to restrict access to global cryptocurrency exchanges by summer 2026 as part of a new domestic regulatory framework, according to industry experts. The move aims to shift trading activity from foreign platforms to Russian-based services. Analysts suggest that authorities may block overseas exchanges using methods similar to previous restrictions on platforms like Telegram and YouTube. However, experts warn that such measures could drive part of the market underground, increasing fraud and complicating regulation. Meanwhile, the European Union is considering broader sanctions on all Russia-related crypto transactions to prevent sanctions evasion, including a potential ban on digital ruble transactions.

bitcoinist02/19 13:32