The Malta Financial Services Authority has issued a consultation on cybersecurity guidelines for the blockchain industry.
The chairperson of the European Banking Authority has said it may be a better idea to keep financial institutions from holding and selling crypto, as opposed to regulating crypto itself.32157
The European Supervisory Authorities said that cryptocurrencies show “clear signs of a pricing bubble” and warned investors not to “invest money they cannot afford to lose.”34700
Italy's Financial Intelligence Unit (FIU), an organ of the Central Bank in charge of combating money laundering and terrorist financing, issued a statement warning digital currency businesses to stay vigilant regarding suspicious activities due to the lack of AML/KYC requirements for Italian companies.623
EBAs' report actually makes many concrete short-term recommendations that will help digital currency businesses continue to innovate and flourish.461
The authorities of the People’s Republic of China together with the EBA were the first two bodies to declare their position on Bitcoin and other cryptographic currencies.478
Positive news was brought from Denmark. The Denmark’s Financial Supervisory Authority or the FSA issued a statement in some points similar to the warning published by the European Banking Authority (EBA).365
The European Banking Authority (or the EBA) has issued an official statement describing the position of the organization in questions considering crypto currencies and their separate examples – the bitcoin.288