In a recent interview, Lagarde said that Bitcoin has been used to conduct "funny business" and "totally reprehensible money laundering activity."
Europe is a part of the world in the northern hemisphere of the Earth, comprising part of the largest of the world’s continent Eurasia, together with Asia. Overall, Europe has 65 countries within its territory. Most of the countries are members of the European Union, which has the world’s second largest economy by GDP and purchasing power parity. In terms of Bitcoin, Europe is just now preparing to regulate it. Cryptocurrency is not considered banned, though authorities of the European Union have agreed to limit the turnover of digital currencies. They prohibited anonymous transactions on online trading platforms so that cryptocurrency exchanges in Europe must identify all users and, if it’s needed, provide information about them. Within the Union, however, countries have differing attitudes toward Bitcoin.
eToro is taking heat after calling in margin trades at the peak of Bitcoin’s record rally.10283
When it comes to crypto regulation, the United States is falling further behind more progressive and visionary nations.10451
CBDCs are one of the major topics in crypto this year, and the experts that Cointelegraph spoke to have a lot to say about it.9459
Ether payments are now available on the Binance Visa card, which is now shipping to customers in the EEA region.7755
The crypto world does not have a major euro-pegged stablecoin yet.3728
The EURB is fully regulated and backed 100% by Euros, allowing banks and institutional investors to use the cryptocurrency without exposure to counterparty risk.17462
European Union doubles down on commitment to investing in blockchain technology.4810
The decision on how to launch a digital euro could still be a long time coming.4340
The Financial Times scorns Nigel Farage for his apparently predictable embrace of libertarian cryptocurrency influencers.10565
Nobody seems to be in a rush to digitize the euro, but that could change given increasing global competition.5648
Governments are increasingly liquidating crypto assets seized in criminal investigations.6447
The director of the OECD’s tax center has revealed that the organization expects to release a tax reporting standard for crypto assets by the end of next year.13823
Regulatory compliance is crucial for firms hoping to drive mainstream crypto adoption no matter which part of the world they operate in.7164
The Ukrainian government is making serious steps toward crypto to make the country a leader in Eastern Europe.21159