EU News

EU cryptocurrency regulations have yet to be unified, but individual institutions like the European Central Bank and the central banks of separate governments have made different statements about the legal status of cryptocurrencies. The European Central Bank’s official position on cryptocurrency is a recommendation not to use them until the establishment of specific cryptocurrency laws for the EU. Cryptocurrencies are a subject of the EU’s anti-money laundering laws, so the EU cryptocurrency exchanges are obliged to identify users and track suspicious transactions. Certain countries in the European Union have their own cryptocurrency regulations. For example, Germany defines a cryptocurrency as a private currency/non-governmental currency. Also, the EU does not provide strict regulations on ICOs and different states have their own ways of handling them.

News
Six major central banks and the Bank for International Settlements jointly created a digital currency research group.
Six Major Central Banks to Collaborate on Digital Currency Research
Adrian Zmudzinski
2020-01-21T14:14:00+00:00
9160
Local News
Binance looks to expand in the country, a new working group assesses security token offerings, and more headlined news in Japan this past week.
Crypto News From Japan: Jan. 13-17 in Review
Benjamin Pirus
2020-01-18T21:56:00+00:00
2599
Analysis
As the 5AMLD is signed into law, turbulent times lie ahead for the crypto industry, experts discuss the changes.
New EU AML Compliance Laws Could Disrupt the Crypto Industry
Joseph Birch
2020-01-18T02:02:00+00:00
4934
New Year Special
The year 2019 was rich with major privacy developments, but 2020 may rock regulatory landscape even more.
Lawmakers Finally Took Data Privacy Seriously — 2019 Regulatory Roundup
Kirill Bryanov
2020-01-13T03:00:00+00:00
3454
News
Crypto traders explain they are not surprised by Deribit’s move to Panama, explaining more companies may follow.
Traders Unsurprised by Deribit’s Move to Panama, Expect Further Exits
Benjamin Pirus
2020-01-11T21:14:00+00:00
4868
News
Crypto exchange Deribit leaves the Netherlands for Panama to avoid demanding EU regulations that the Dutch nation might adopt.
Crypto Derivatives Exchange Leaves EU for Panama, Expands KYC
Benjamin Pirus
2020-01-09T22:07:00+00:00
5090
News
Two more European cryptocurrency firms shut down because of the upcoming EU Anti-Money Laundering rules.
After BottlePay, Two More Crypto Firms Shut Down Due to Upcoming EU Rules
Adrian Zmudzinski
2019-12-16T11:14:00+00:00
3418
Opinion
Next year is to be crucial for the crypto industry in Europe, when the EU Fifth Anti-Money Laundering Directive will be transposed into the national legislation...
European AML Regulations Follow the US Path With a Six-Years' Delay
Serhii Mokhniev
2019-11-30T12:16:00+00:00
6690

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