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
Europe is one step closer to getting a concrete legal framework for digital finance.
European Commission adopts digital finance package for crypto and blockchain
Helen Partz
2020-09-24T13:42:22+01:00
2867
News
"A digital euro could be a complement to, not a substitute for, cash," Lagarde said.
Digital euro will not be a substitute for cash: ECB President
Turner Wright
2020-09-22T09:21:00+01:00
6648
News
Crypto continues its trek into the mainstream.
EU to see comprehensive crypto regulation by 2024
Benjamin Pirus
2020-09-18T21:12:57+01:00
13014
Analysis
With government agencies getting more savvy at tracing blockchain transactions, laws like the EU’s GDPR may play a role.
Privacy laws might prove to be a blessing in disguise for crypto
Vyara Savova
2020-09-13T14:46:00+01:00
9961
News
The governor of the Bank of England acknowledged that the U.K. is considering the issuance of a CBDC.
Britain's Central Bank Contemplates a Digital Pound
Michael Kapilkov
2020-07-13T17:01:00+01:00
3904
Unitize
CBDCs will have to be internationally interoperable to become globally adopted, says a Hong Kong University expert.
Global Compatibility Is A Key Factor In The CBDC Race, Says Expert
Stephen O'Neal
2020-07-07T21:15:00+01:00
3732
Analysis
As Libra and COVID-19 give a push to CBDCs, some projects are looking to dethrone the main international currency.
Regional CBDCs Can Fuel International Trade, but USD Seems Unbeatable
Stephen O'Neal
2020-06-25T20:06:00+01:00
8462
News
Estonia is withdrawing permits from hundreds of crypto companies following Europe’s biggest money laundering scandal.
500 Estonian Crypto Companies Lose Permits After $220B Scandal
Ting Peng
2020-06-12T00:55:00+01:00
14876

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