The EU's potential policy shift could reshape global energy logistics, impacting oil prices and accelerating crypto's role in trade settlements.
The post EU considers temporary freeze on Russian oil price cap amid Iran war appeared first on Crypto Briefing.
The post EU crypto transaction tax: EC reviews 0.1% levy for 2028–2034 appeared on BitcoinEthereumNews.com.
The EU crypto transaction tax under review by the European Commission could put a 0.1% levy on crypto trades across the bloc, a small charge on paper that may have outsized consequences for traders, exchanges, and the European Union’s budget plans. The proposal, outlined in an internal document circulated on May 30, is projected to raise between €3 billion and €4 billion a year. That makes this more than a niche tax story. Instead, it sits at the intersection of two major EU priorities: finding fresh revenue for the next long-term budget and tightening the framework around digital assets as crypto regulation in Europe has become more mature. There is a catch, however, and it is a big one. The plan is not adopted, and getting it over the line would require unanimous approval from all 27 EU member states, a threshold that has derailed or delayed many tax measures before. What the E
The post Latam Insights: The Global War on Crypto Laundering Heats up Across Mexico and Brazil appeared on BitcoinEthereumNews.com.
Key Takeaways Under Instruction 739, Brazil mandates CVM-registered independent audits to grant crypto licenses. Claudia Sheinbaum inked a €5B EU deal, allowing Mexico to coordinate global anti-laundering rules. Marco Rubio labeled CV and PCC as global terrorists, with FTO compliance penalties starting on June 5. New Rules for Crypto in Brazil: Central Bank Demands Strict Independent Audits for VASPs The Central Bank of Brazil has introduced yet another requirement to approve the operation of virtual asset service providers (VASPs) in the country. Under Normative Instruction No. 739, issued on Friday, the bank now requires VASPs to present an independent audit from an entity registered with the Brazilian Securities and Exchange Commission (CVM) to issue operational licenses. The audits, referred to as “reasonable assurance reports,” must contain data asses
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Brazil adds audit requirements for VASPs, Mexico and the EU explore opportunities to target crypto money laundering at a global scale, and the US government declares Brazil’s gangs as global terrorist organizations. New […]
The EU's shift towards defensive trade policies with China may spur increased interest in alternative assets amid potential market volatility.
The post European Commission vows tougher action on trade with China as deficit hits €360 billion appeared first on Crypto Briefing.
The EU's shift towards defensive trade policies with China may spur increased interest in alternative assets amid potential market volatility.
The post European Commission vows tougher action on trade with China, calling relationship ‘not sustainable’ appeared first on Crypto Briefing.
Tesla's FSD approval in Estonia may accelerate EU-wide adoption, enhancing Tesla's market position and revenue potential in the competitive EV sector.
The post Estonia clears Tesla Full Self-Driving for roads, rollout to begin soon appeared first on Crypto Briefing.
Paxos' SEC approval signals a shift towards blockchain in traditional finance, potentially reducing costs and enhancing transaction efficiency.
The post Paxos becomes first blockchain-native clearing agency approved by SEC appeared first on Crypto Briefing.
Mark Cuban has dumped most of his Bitcoin, calling it “not the hedge I expected” as the Iran war and dollar volatility exposed what he sees as a failed safe haven narrative. Billionaire investor Mark Cuban has revealed he sold…
