Nonfungible tokens (NFTs) are constantly in the news. NFT platforms are springing up like mushrooms and champions are emerging, such as OpenSea. It is a real platform economy that is emerging, like those in which YouTube or Booking.com gained a foothold. But it is a very young economy — one that is struggling to understand the legal issues that apply to it.Regulators are … [Read more...] about Are NFTs an animal to be regulated? A European approach to decentralization, Part 1
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How should DeFi be regulated? A European approach to decentralization
Decentralized finance, known as DeFi, is a new use of blockchain technology that is growing rapidly, with over $237 billion in value locked up in DeFi projects as of January 2022. Regulators are aware of this phenomenon and are beginning to act to regulate it. In this article, we briefly review the fundamentals and risks of DeFi before presenting the regulatory context.The … [Read more...] about How should DeFi be regulated? A European approach to decentralization
French Crypto Platform Coinhouse Raises $17M to Fuel European Expansion
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.@2021 … [Read more...] about French Crypto Platform Coinhouse Raises $17M to Fuel European Expansion
European Markets Regulator Seeks Feedback on Regulation of Tokenized Securities
The European Union’s markets regulator is seeking feedback on whether regulations need to be amended to accommodate tokenized securities.The European Securities and Markets Authority (ESMA) is seeking submissions from stakeholders on the use of blockchain technology in the settlement and trading of tokenized securities.Specifically, ESMA is exploring whether existing rules need … [Read more...] about European Markets Regulator Seeks Feedback on Regulation of Tokenized Securities
European Council approves two digital asset proposals
The European Union's planned framework for regulating cryptocurrencies is one step closer to becoming official. On Wednesday, the European Council, which guides the EU's political agenda, announced its position on the Markets in Crypto Assets (MiCA) framework and the Digital Operational Resilience Act (DORA).Following the deal, which must then be ratified, the European Council … [Read more...] about European Council approves two digital asset proposals