A vote on the digital euro could come within the first half of 2026. However, it’s not clear whether the project will win the backing of a majority of the European Parliament, the Financial Times (FT) reported Monday (Jan. 5), with one official telling the news outlet that...
European lawmakers have reportedly reached an agreement on how to manage failing banks. As the Financial Times reports, the deal was reached late Tuesday (June 24) between European Union (EU) nations and the European Parliament, and updates the EU’s crisis management and deposit insurance framework. The...
The EU is withdrawing proposed regulations for handling victim’s claims of harm caused by AI — but it faces internal opposition. This week, the AI Liability Directive was taken off the 2025 work program of the European Commission, according to Euro News. The commission, which...
Instant payments in the European Union will reach a milestone Thursday (Jan. 9). That’s when banks and payment service providers must be able to receive instant payments. Through the past several years, PYMNTS Intelligence has tracked the development and momentum of faster payments across the...
January 08, 2025
Instant payments in the European Union will reach a milestone Thursday (Jan. 9). That’s when banks and payment service providers must be able to receive instant payments. Through the past several years, PYMNTS Intelligence has tracked the development and momentum of faster payments across the globe. Instant, always-on transactions promise to change commerce, particularly in […]
October 06, 2022
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 passed by the European Commission,...
May 31, 2022
The European Parliament may soon decide whether to approve a proposal to expand a “travel rule” for crypto firms that would include virtually every single transaction. The travel rule is...
June 23, 2026
The digital euro is reportedly closer to becoming a reality following a Tuesday (June 23) vote. As Bloomberg News reported, the European Parliament’s ECON Committee approved a plan to launch both online and offline versions of the currency, which the European Central Bank hopes to introduce by 2029. The vote sets the stage for final talks […]
January 05, 2026
A vote on the digital euro could come within the first half of 2026. However, it’s not clear whether the project will win the backing of a majority of the European...
June 26, 2025
European lawmakers have reportedly reached an agreement on how to manage failing banks. As the Financial Times reports, the deal was reached late Tuesday (June 24) between European Union (EU) nations...
December 22, 2023
European Union (EU) member states have rejected a provisional deal aimed at reclassifying millions of gig workers as employees. Officials from Spain, the current holder of the EU’s rotating presidency,...
