WEF 2022: Most DeFi protocols aren’t really decentralized, says European Parliament VP

wef-2022:-most-defi-protocols-aren’t-really-decentralized,-says-european-parliament-vp

To properly regulate DeFi, we must first determine whether these protocols are actually decentralized, according to Eva Kaili. Most decentralized finance (DeFi) protocols aren’t truly decentralized, which means we need proper regulations in place to understand the inner workings of this emerging technology, according to European Parliament vice president Eva Kaili.  In an exclusive interview … Read more

‘DeFi in Europe has no lobby,’ says co-founder of Unstoppable Finance

‘defi-in-europe-has-no-lobby,’-says-co-founder-of-unstoppable-finance

Peter Grosskopf, co-founder of the DeFi project Unstoppable Finance, tells Cointelegraph auf Deutsch what he thinks about new regulations for DeFi. Currently, trialogue for the Markets in Crypto Assets (MiCA) and Transfer of Funds (TFR) regulations is underway in the European Commission, the European Parliament and the Council of Ministers, which will be concluded in … Read more

Digital euro could come as soon as 2026 — ECB official

digital-euro-could-come-as-soon-as-2026-—-ecb-official

Commenting on the recent market volatility, Fabio Panetta also said stablecoins were still “vulnerable to runs,” just as investing in cryptocurrencies carried certain risks. Fabio Panetta, an executive board member of the European Central Bank, or ECB, has said that a digital euro could come within four years, potentially designed with a person-to-person payment solution. … Read more

Bitcoin investment giant Grayscale debuts ETF in Europe

bitcoin-investment-giant-grayscale-debuts-etf-in-europe

Grayscale announced its first European ETF, listing on the London Stock Exchange, Borsa Italiana and Deutsche Börse Xetra. Crypto investment giant Grayscale is expanding operations by launching a new crypto-linked exchange-traded fund (ETF) in Europe. Grayscale officially announced its first European ETF, called Grayscale Future of Finance UCITS ETF, on May 16. The new investment … Read more

ECB lays out ‘anonymous’ digital euro as public opposes ‘slavecoins’

ecb-lays-out-‘anonymous’-digital-euro-as-public-opposes-‘slavecoins’

The ECB drops another working paper on the digital euro causing more outrage from Europeans opposing a central bank digital currency. The ECB released another working paper on the digital euro, providing an extensive technical analysis of a potential European CBDC and its position in the existing financial system. Issued on May 13, the working … Read more

Chairman of the Digital Euro Association: ‘The primary aim of the digital euro is still not clear’

chairman-of-the-digital-euro-association:-‘the-primary-aim-of-the-digital-euro-is-still-not-clear’

Jonas Gross spoke with Cointelegraph about the digital euro’s risks for private banks and the goals of the ECB. The European Central Bank (ECB) is planning to launch a prototype of the digital euro in 2023. In the next five years, Europe could have its own central bank digital currency (CBDC) up and running. However, … Read more