Brussels news
The 'Brussels Effect' wields real influence over US crypto regulation
The right to privacy is enshrined in many legal traditions around the world. In the United States, it’s protected by the Fourth Amendment; in the European Union, it falls under Article 8 of the European Convention for Human Rights. While definitions differ between jurisdictions, most of us have a right to a reasonable expectation of privacy for our correspondence, in our homes and about our persons. In the 1970s, businesses, families and individuals started generating data like never before, and the degree to which it fell under existing privacy mandates was increasingly unclear. This proliferation of data was first acknowledged …
Regulation / Sept. 30, 2022
Not taking the time to learn about BTC is 'Europe’s biggest risk,' says Belgian MP
Christophe De Beukelaer is the first European politician to convert his entire salary to Bitcoin. He kicked off 2022 with the bold move, hoping to raise awareness about Bitcoin and alternative monetary models, financial education and to get people talking. De Beukelaer first got into Bitcoin and blockchain in 2017, and foresees a future in which Bitcoin and cryptocurrencies play a role as a “counterpart to the traditional financial world.” He gave an interview to Cointelegraph to delve deeper into his vision for Bitcoin and his motivations behind being paid in Bitcoin (BTC). When asked about how long it took …
Adoption / Feb. 16, 2022
Belgian MP becomes first European politician to accept salary in Bitcoin
Bitcoin (BTC) craze among lawmakers has reached the Belgian parliament now, as Brussels member of parliament Christophe De Beukelaer became the first European politician to convert his salary to Bitcoin. The Brussels MP’s monthly salary of EUR 5,500 will be converted to Bitcoin using Bit4You crypto trading platform, reported Bruzz. Beukelaer who represents Humanist Democratic Centre (CDH) party, hopes his move would inspire other politicians in the region to show a similar interest in the nascent tech. Beukelaer cited the example of New York City Mayor Eric Adams and how American politicians are working to make their native state or …
Bitcoin / Jan. 28, 2022
Seven EU States Sign Declaration to Promote Blockchain Use
Seven southern European Union member states have released a declaration calling for help in the promotion of Distributed Ledger Technology’s (DLT) use in the region, the Financial Times (FT) reports Dec. 4. The declaration was reportedly initiated by Malta and signed by six other member states, France, Italy, Cyprus, Portugal, Spain and Greece, during a meeting of EU transport ministers in Brussels on Tuesday. The participating governments explained that DLT –– one type of which is blockchain –– could be a “game changer” for southern EU economies. Namely, the document cites “education, transport, mobility, shipping, Land Registry, customs, company registry, …
Blockchain / Dec. 5, 2018