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

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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NGOs Criticize Amazon’s Plan to Mollify EU Regulators
NGOs Criticize Amazon’s Plan to Mollify EU Regulators
September 12, 2022  |  Amazon

Amazon’s proposal to halt some online sales and marketing practices to head off big antitrust fines from European Union regulators is inadequate and “full of...

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A Rough Guide to Europe’s Open Banking Platforms
A Rough Guide to Europe’s Open Banking Platforms
September 09, 2022  |  emea

It is now nearly seven years since the European Commission passed the Revised Payment Services Directive (PSD2), and nearly three years since the final deadline...

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EMEA Daily: EU Opens Silicon Valley ‘Embassy’; Nigeria Grants Flutterwave Payments Processing License
EMEA Daily: EU Opens Silicon Valley ‘Embassy’; Nigeria Grants Flutterwave Payments Processing License
September 01, 2022  |  emea

In today’s news from Europe, the Middle East and Africa (EMEA), the European Commission opened its new Californian “embassy,” the Central Bank of Nigeria has...

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