European Securities and Markets Authorities suggests new crypto rules
Steven Maijoor, Chairman of the European Securities and Markets Authority, claimed that crypto assets are there to help investors and not to hinder them.
Steven Maijoor, Chairman of the European Securities and Markets Authority, claimed that crypto assets are there to help investors and not to hinder them.
The European Union (EU) is quickly setting itself up to be the global leader behind blockchain adoption.
Cryptocurrency is meant to be a global currency. However, when it comes to regulating the space, it is obvious that there is no global consensus. The U.S. appears to be addressing the space in one manner, while the European Union is formulating its own plan.
The European Telecommunications Standards Institute (ETSI) has announced it will corral major industry players together to discuss and explore blockchain technology.
Zug, the Swiss city that has been dubbed “Crypto Valley” because of its growing innovation community, is now the fastest-growing tech hub in Europe.
A published report conducted by undercover journalist revealed that banks across Europe helped their clients illegally take $63 billion in taxes.
Data released by Statista showed that as of August, Amsterdam is leading the race with about 12 crypto ATMs installed, while Luxembourg is lagging behind despite it being a global center of traditional finances.
Coinsquare, considered the biggest crypto trading service in Canada, announced its plans to test the European waters by the fourth quarter of 2018.
Some of the largest cryptocurrency brokers in Europe are joining calls for regulation in the cryptocurrency space, asking for their own market to become more regulated sooner rather than later.
Bank of France Governor Francois Villeroy de Galhau has made a 180-degree turn on his stance on cryptocurrencies and called for platforms that easily switch between crypto-assets and the real economy.
VISA Europe suspends dealings with WaveCrest Holdings, rendering cryptocurrency prepaid Visa debit cards unusable.