Blog
MiCA: Stability in the Crypto Market
EU's MiCA legislation faces scrutiny for €200M daily transaction limit on stablecoins. Some view it as hindrance, curbing crypto adoption, while others see stability measure. Recent incidents raise regulatory concerns.
EDPS: Data Protection Changes
The EDPS is adapting to evolving data protection challenges. Sectors and a task force were established to enforce data protection laws and promote responsible AI use. The EDPS prioritizes safeguarding privacy and data protection rights.
Digital Euro: ECB Approach
On June 28, 2023, the European Commission proposed the digital euro, a crucial step for the euro monetary system in adapting to digital progress. The digital euro will be equivalent to cash, accepted as legal tender with few exceptions.
EU-US Data Transfers
The EU Commission's landmark decision on data protection establishes an adequate level for US transfers. Starting July 10, 2023, data transfers to EU-US Privacy Framework organizations no longer require additional protective measures like contractual clauses.
MiFID II Regulation: ESMA Update
ESMA releases a user-friendly manual on post-trade transparency, aiding market participants and authorities in implementing MiFID II obligations. It clarifies instruments, reporting, and publication requirements, distinguishing post-trade transparency from calculations.