2 links tagged with all of: regulation + europe + fintech
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zerohash europe has gained authorization from the Dutch Authority for the Financial Markets to offer regulated crypto-asset and stablecoin services across the European Economic Area. This allows financial institutions to integrate crypto services through a single API while ensuring compliance with EU regulations.
The article critiques the European Union's attempts to create a government-backed card network to rival Visa and Mastercard, arguing that past initiatives have failed due to bureaucratic inefficiencies and a lack of private sector dynamism. It emphasizes the need for Europe to foster innovation within its fintech sector rather than rely on top-down mandates, suggesting that a more effective approach would be to support existing fintech companies that are ready to compete globally.