EU Intensifies DSA Scrutiny on ChatGPT
The European Commission designates @ChatGPT, Reddit, and Roblox under the Digital Services Act, requiring risk assessments by January 2027. Non-compliance fines could reach 6% of global turnover. #Update #Legal
European Union (EU)
Bitcoin Must Go Onchain Says ECB
Isabel Schnabel urges ECB to move reserves onchain, launching Project Pontes in 2026 and targeting full tokenized-market blueprint by 2028. #Update #Crypto
EU Crypto Firms Face 75% License Loss
The EU’s MiCA regulation deadline on July 1, 2026, mandates full CASP licenses for crypto firms; 83% remain unlicensed. ESMA confirms pending applications offer no protection. #Update #Legal
Lagarde Blocks Euro Stablecoin $300B Risk
ECB President Lagarde warns euro stablecoins pose financial stability risks, citing USDC’s 2023 depeg. ECB’s Pontes project to launch in September 2026. #Update #Crypto $USDC
Malta Gaming Shield Faces EU Legal Blow
Malta’s Bill 55 deemed incompatible with EU Brussels I bis Regulation, challenging its iGaming sector’s legality within the EU. AG Emiliou’s opinion impacts Malta’s gaming license validity. #Breaking #Legal
EU Court Approves Gambling Loss Reclaims
The CJEU ruled that EU states can ban online gambling, allowing German players to reclaim losses from Malta-licensed operators like Lottoland. Billions in restitution claims are pending. #Breaking #Legal
Bitcoin Ban Looms: Europe Considers Action
EDPB guidelines could make $BTC illegal in Europe by classifying public keys as personal data, warns @Paymium’s Alexandre Stachtchenko. #Breaking #Legal $BTC (-9) ↘
Crypto Threatens Credit Trust Warns Banker
Bank of Italy Governor Fabio Panetta warns crypto’s integration with traditional finance could destabilize markets and erode trust in banks. #Update #Crypto (-6) ↘
Trump Tariff Threat Market Manipulation
Economist Peter Schiff criticized President Trump’s 50% EU tariff threat as market manipulation benefiting insiders. #Breaking #Economy (+8) ↘
Digital Euro Development COTI Joins ECB
@COTInetwork selected by European Central Bank to develop Digital Euro’s conditional payments system, with launch set for early 2026. #Update #Crypto $COTI (+4) ↗
Stablecoin Plans Spark EU Regulatory Clash
U.S. endorsement of cryptocurrencies and dollar-based stablecoins has reportedly sparked tensions between the European Commission and the ECB, raising regulatory concerns. #Update #Legal (+4) ↗
Digital Euro Replaces Cash and Deposits
The latest @ecb report forecasts the digital euro will replace some banknotes, altering European money use and impacting bank deposits. #Update #Crypto (+3) →
Telegram Founder Criticizes France’s EU Compliance
@Telegram founder Pavel Durov refutes French claims, highlighting recent adherence to EU laws post-arrest, challenging misinformation. #Update #Legal (+2) →