Updates on EU crypto regulation, a U-turn for BlockFi in Iowa, Greyscale in court and other major regulation developments from last week.
) 24-hour daily volumes standing at 48.13 billion euros and 5.40 billion euros, respectively, the new guidelines could be interpreted as a sort of indirect ban on stablecoins. The provisional agreement will also see crypto asset providers needing authorization in order to operate in the EU, with the largest CASPS to be monitored by the European Securities and Markets Authority .
European lawmakers clearly don’t like a “wild west” — to the point when they’re attaching the variations of this metaphor to almost anything they deem to need a fix.
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