EU to roll out full-scale cryptocurrency regulation by 2024
EU authorities will set out new rules regulating blockchain and cryptocurrencies by 2024, Reuters reports citing documents available to the agency.
EU to roll out full-scale cryptocurrency regulation by 2024
EU authorities will set out new rules regulating blockchain and cryptocurrencies by 2024, Reuters reports citing documents available to the agency.
EU plans to regulate cryptocurrencies on a par with traditional financial assets
The European Commission proposed establishing a legal framework for cryptocurrencies, security tokens and stablecoins, mirroring the requirements applied to traditional financial instruments. This is described in the Draft Regulation on Markets in Crypto-Assets (MiCA), the draft version of which was published by Politico.
European countries push for tougher regulation of stablecoins
Germany, France, Italy, Spain and the Netherlands urged the European Commission to develop strict rules for stablecoins, 'to protect consumers and safeguard state sovereignty in monetary policy'. Reuters reports.
Media: Bitstamp to relocate operations from the UK to Luxembourg
Europe's oldest bitcoin exchange, Bitstamp, plans to move its headquarters from the United Kingdom to Luxembourg. According to Trustnodes, the move may have been prompted by the lack of clarity regarding the nature of UK–EU trading links.
Ireland to tighten regulation of the cryptocurrency industry
The Irish cabinet intends to introduce tougher rules to combat money laundering and the financing of terrorism using cryptocurrencies, according to the Irish Examiner.
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