The European Union’s executive branch has laid out plans to create a comprehensive framework for digital assets. Confirming CoinDesk's report last week, the European Commission on . Bitcoin european commission - Traders reveal the secret! here area unit all kinds of technical. One of the major reasons for the legal right is the finite assets of Bitcoins, making technology amp great store of assess (only XXI million Bitcoins) and viral adoption around the globe. Sep 26, · Earlier this week the European Commission published its much anticipated legislative package for cryptoassets in the E.U. This includes the Regulation on Markets in Author: Lawrence Wintermeyer.
Eu commission bitcoinEU Proposes Full Regulatory Framework for Cryptocurrencies - CoinDesk
The framework will be applicable in all 27 member states, giving regulated crypto companies passport rights across the entire bloc. Following on from concerns expressed last week by five European finance ministers, the commission has also warned that stablecoin issuers will likely be subject to more stringent regulatory checks. Read more about Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
CoinDesk is an independent operating subsidiary of Digital Currency Group , which invests in cryptocurrencies and blockchain startups. Crypto mining. By Francesco Guarascio. BRUSSELS Reuters - European Union states and legislators agreed on Friday on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies, the EU said in a statement.
The agreement is part of a broader set of measures to tackle financial crimes and tax evasion. EU legislators also backed stricter controls on pre-paid cards, and raised transparency requirements for the owners of trusts and companies.
The agreed measures will end anonymous transactions on virtual currency platforms and with pre-paid payment cards, which investigators said could have been used to fund attacks by militants. It took EU legislators more than a year of negotiations to agree on the legislative proposals, put forward by the European Commission in the wake of shooting and bombing attacks in Paris and Brussels in and which killed more than people.