Today, member states’ representatives (Coreper) approved the Council’s stance on improving the payment services environment in the EU. The upgrade aims to reduce payment fraud, promote technological i...

Climate change poses an increasing risk to the insurance sector in the EU, the ECB has warned in its latest financial stability report.

Gemini Rolls Out Tokenized Stocks in EU, Starting With Strategy Shares  Yahoo Finance

Securitization allows banks to repackage and resell debt, famously explained by actress Margot Robbie in a bubble bath in the film “The Big Short.”

PARIS (Reuters) - The European Union’s securities watchdog warned on Tuesday that problems in the cryptocurrency industry could pose risks to broader financial stability in future, as the sector grows and as ties between it and traditional financial markets increase. The appeal for caution from the European Securities and Markets Authority (ESMA) comes as U.S. economic policies roil global markets and U.S. authorities look to remove some of the barriers between crypto and traditional banking sectors. "EU financial markets are, as we speak, under severe strain coming from the broader political and geopolitical developments," ESMA executive director Natasha Cazenave said in a speech to the European Parliament posted on the watchdog’s website. Stock markets have tumbled since U.S. President Donald Trump unveiled a blizzard of tariffs last week, leading to a sharp drop in crypto prices too. However, asset prices had recovered some of those losses across markets on Tuesday. "Crypto-assets markets are still comparatively small. However, in the current market environment, turmoil even in small markets can originate or catalyse broader stability issues in our financial system," Cazenave said. ESMA, which has repeatedly warned about the risks of crypto, said the sector needed continued close monitoring, she added, while cautioning that risks to financial stability from crypto were not yet significant. Funds focused on crypto make up less than 1% of the EU fund universe, and ESMA noted that 95% of EU banks do not engage in crypto activities. ESMA’s warning comes as Trump - whose family is building a crypto business - has called for an easing of crypto regulations. U.S. regulators have made it easier for banks to engage in crypto-related activities. Reuters reported on Tuesday that the U.S. Justice Department is disbanding its National Cryptocurrency Enforcement Team. A run on a stablecoin - a type of cryptocurrency typically pegged to the dollar - could impact the price of the financial assets used to back it, ESMA said, with potentially wider market consequences.

On Monday 7 July, finance ministers from the euro area are expected to elect their new president. Who is running for the position, and what proposals are they putting forward? #EuropeNews

Deeds, not words. Despite the numerous reports (such as Draghi and Letta) and the clear momentum towards ‘more union’ for EU financial markets among policymakers, it seems that national reflexes haven...

A new euro stablecoin called EURAU has been launched by AllUnity, backed by DWS, Flow Traders, and Galaxy Digital.

The first Bitcoin ETF in Poland is now trading on the Warsaw Stock Exchange, the largest venue of this kind in the eastern half of Europe. Besides exposure to the world’s leading coin, the product is ...

Six of the countries that pay for the EU budget want the next one cut by hundreds of billions of euros.