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

EU Agreement on Crypto Regulation Limits Stablecoins, Leaves Out NFTs and DeFi
EU Agreement on Crypto Regulation Limits Stablecoins, Leaves Out NFTs and DeFi
July 01, 2022  |  Cryptocurrency

At the 11th hour, on Thursday June 30, the last day of the French presidency of the Council of the EU, members of the European...

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What’s the Holdup With SEPA Instant Payments?
What’s the Holdup With SEPA Instant Payments?
June 28, 2022  |  Faster Payments

The Single Euro Payments Area (SEPA) is an EU-led initiative intended to harmonize the way cashless euro payments are made across Europe. Every European Union...

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EBA Recommends a Standard API for Open Banking in New PSD3 
EBA Recommends a Standard API for Open Banking in New PSD3 
June 28, 2022  |  Bank Regulation

The European Banking Authority (EBA) published on Thursday, June 23 an opinion in response to the European Commission’s call for advice on the upcoming review...

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Google Offers Rivals YouTube Ad Space Amid EU Probe
Google Offers Rivals YouTube Ad Space Amid EU Probe
June 13, 2022  |  ANTITRUST

Google has offered to allow rival ad intermediaries place advertisements on YouTube as a way of potentially ending a European antitrust investigation, according to a...

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Amazon Pushes for End to European Commission Probe with Data Sharing, Rival Boosting
Amazon Pushes for End to European Commission Probe with Data Sharing, Rival Boosting
June 13, 2022  |  Amazon

Amazon will share marketplace data with its sellers and boost rivals’ product visibility on its platform if the European Commission will close its 2020 investigation...

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Australia, EU May Take the Lead in BNPL Regulation 
Australia, EU May Take the Lead in BNPL Regulation 
June 13, 2022  |  Regulation

Australia, the European Union, the United Kingdom and the U.S. are looking at regulating the buy now, pay later (BNPL) sector. Last year, all three...

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EU Faces Citizens’ Opposition in Race for Digital Euro
EU Faces Citizens’ Opposition in Race for Digital Euro
June 13, 2022  |  CBDC

The European Commission will close a public consultation on the digital euro on Tuesday (June 14), after feedback from EU citizens indicated that a central...

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EU Considers Adding Crypto, BNPL in Payment Directive
EU Considers Adding Crypto, BNPL in Payment Directive
June 02, 2022  |  Regulation

The European Commission has launched a public consultation to gather information for its review of the second EU Payment Services Directive (PSD2). The Commission has...

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EU’s Open Finance May Include Big Tech Ban
EU’s Open Finance May Include Big Tech Ban
May 25, 2022  |  Regulation

The European Commission launched three consultations on May 10, two related to the review of the second payment service directive (PSD2) and one about open...

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