European Commission

The European Commission is the executive branch of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.

(source: ec.europa.eu)

New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption
New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption
October 26, 2022  |  Faster Payments

The European Commission (EC) published a draft proposal on Wednesday (Oct. 26) intended to force banks and payment service providers (PSPs) to offer 24/7 instant...

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TechReg Weekly: EU, UAE Regulators Eye Data Protection Reform to Boost Innovation
TechReg Weekly: EU, UAE Regulators Eye Data Protection Reform to Boost Innovation
October 20, 2022  |  Regulation

Among the many ways digital technologies have shaped the way the world does business, the enhanced ability to collect and monetize customer data has been...

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DeFi Draws Closer to Institutional Market as EU Eyes Automatic Blockchain Monitoring
DeFi Draws Closer to Institutional Market as EU Eyes Automatic Blockchain Monitoring
October 14, 2022  |  Cryptocurrency

In the first few years of Decentralized Finance (DeFi), platforms like Uniswap and Pancakeswap fueled the explosion of a field that has been defined by...

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EMEA Daily: Euro, Dollar Clearing Agencies Prep for Real-Time Transatlantic Payments
EMEA Daily: Euro, Dollar Clearing Agencies Prep for Real-Time Transatlantic Payments
October 06, 2022  |  International

Today in Europe, the Middle East and Africa (EMEA) news, The Clearing House (TCH), EBA CLEARING, and SWIFT are on track to begin piloting their...

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Final Draft of EU Crypto Law Caps Stablecoin Transactions
Final Draft of EU Crypto Law Caps Stablecoin Transactions
October 06, 2022  |  Regulation

The final text of the Markets in Crypto Assets (MiCA) law creating a broad legal framework for digital assets including cryptocurrencies and stablecoins has been...

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NFT-Personalized Debit Cards Make Debut
NFT-Personalized Debit Cards Make Debut
September 27, 2022  |  NFTs

Mastercard will now let cardholders put their non-fungible tokens (NFTs) on their cryptocurrency debit cards, the company said, bringing avatars like Bored Apes and their...

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EU Cyber Resilience Act May Set New Global Standards
EU Cyber Resilience Act May Set New Global Standards
September 27, 2022  |  Cybersecurity

Earlier this month, the European Commission (EC) adopted a proposal for the Cyber Resilience Act (CRA), a piece of legislation that seeks to establish common...

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Amazon Antitrust Commitments ‘Appear Relevant’ to EU Concerns
Amazon Antitrust Commitments ‘Appear Relevant’ to EU Concerns
September 16, 2022  |  Amazon

Amazon appears to be on the right track in its attempts to appease EU antitrust authorities with regard to two probes opened by the European...

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Big Tech Weekly: Fines Stack Up for Google in Europe
Big Tech Weekly: Fines Stack Up for Google in Europe
September 15, 2022  |  Big Tech

It has not been a good news week for Google’s European business. In a significant setback for Google’s attempts to overturn a 4.34 billion euro...

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