Jonas Frederiksen Profile picture
Specializing in EU policy on AI, Blockchain, Data, Electronic Money, and other emerging tech. Opinions are my own. DYOR!
Feb 14, 2023 β€’ 9 tweets β€’ 6 min read
ZK proofs to be embedded in EU law! The European Parliament has officially included use of zero-knowledge proofs in its negotiation positions for the trilogues with the Council on the regulation of digital identity & related πŸ‡ͺπŸ‡Ί apps #privacy #digitalidentity #ZeroKnowledgeProofs Image Unless the Council firmly objects, zero-knowledge proofs will be in EU law on digital identity & future EU apps, giving individuals greater control over their personal data, increasing trust in digital transactions, & facilitating cross-border interoperability of EU eID solutions
Feb 13, 2023 β€’ 7 tweets β€’ 3 min read
Stablecoins are not securities in the EU πŸ‡ͺπŸ‡Ί πŸ‡ΊπŸ‡Έ. The EU has established clear regulations in its law on Markets in Crypto Assets (MiCA) which classify payment stablecoins as electronic money on open, public blockchains. #PaymentStablecoins #MiCA The EU's regulations on payment stablecoins simply stop the discussion of stablecoins being securities before it gets started. Payment stablecoins are explicitly defined as electronic money, providing clarity and certainty for both issuers and users. #NotASecurity
Feb 11, 2023 β€’ 9 tweets β€’ 3 min read
Don't panic, US crypto community! The EU's got your back with laws that protect crypto companies, Defi, & Web3. While the US may try to debank, de-stake & reduce use of public blockchains, the EU's legal framework provides a safe haven for crypto in 27 jurisdictions. #crypto De-banking crypto companies in the US? Not so fast! In the EU, we have a rule-based legal framework that limits the power of regulators. EU laws for fintech, payment institutions, and e-money licenses ensure that crypto companies will always have access to on/off ramps
Feb 10, 2023 β€’ 5 tweets β€’ 2 min read
French Governor of the Central Bank πŸ‡«πŸ‡·, Mr Francois Villeroy de Galhau, highlights the need for stablecoin regulation to counter off-shore issuers that harm trust, uptake, investors and consumers πŸ‘ After recent failures & crimes in the digital asset industry, it's time to regulate #stablecoins in all western jurisdictions, according to Mr Villeroy de Galhau. No more waiting for the "crypto winter" to solve problems! 🀝
Apr 1, 2022 β€’ 15 tweets β€’ 7 min read
Day 1 after EU Crypto Catastrophe:
A post-mortem & How to win the war!

Yesterdays battle for EU crypto, for privacy, for Web3 & for DEFI was lost.

It left big & bleeding wound. Few won, only winner was FUD

Future of EU crypto will be determined by what we do now...

A 🧡 The spill-over from this EU crypto crisis on other jurisdictions will harm all. We needs to stand together.

Save Web3, Defi, DAOs, Metaverse & everything crypto by countering this sneak-attack on privacy & freedom to transact

Let’s quickly look at status quo & what happened: