Tag - European Union
27Mar

EU bans anonymous crypto wallet to combat money laundering

The EU has introduced a new directive that outlaws transactions using anonymous, privately managed crypto wallets for any transaction value. A European Parliament representative revealed that the directive received approval from the majority of the EU Parliament’s leadership committee on Thursday. This latest regulation, aimed at combating money laundering, sets limits on cash transactions and bans all anonymous cryptocurrency transactions....

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07Apr

Macron meets China’s Li as EU leaders begin Beijing talks

French President Emmanuel Macron began a series of meetings with Chinese leaders in Beijing on Thursday (April 6) on a visit with EU chief Ursula von der Leyen that could set a course for the bloc's future relations with China after years of strained ties. Newly-appointed Premier Li Qiang greeted Macron at the Great Hall of...

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30Jun

European Union braces for Slovenia’s unorthodox presidency

Slovenia takes over the European Union presidency with its prime minister in the focus because of his squabbles with Brussels, close alliance with populist Hungarian leader Viktor Orban and increasingly autocratic policies which cast doubt on the small country’s credibility to lead the 27-nation bloc. Although the rotating six-month EU Council presidency, which Slovenia assumes from...

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23Mar

EU to sanction 11 people involved in Myanmar coup, foreign policy chief says

European High Representative of the Union for Foreign Affairs, Josep Borrell, speaks during European Foreign Ministers and Interior ministers Council in Brussels, Belgium, on March 15, 2021.Reuters The European Union will on Monday impose sanctions on 11 individuals linked to the Monday (Feb 1) coup in Myanmar, the EU’s foreign policy chief Josep Borrell said as he...

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