EU to ban anonymous digital currency transfers
Policymakers in the European Union proposed that all companies that transfer BTC and other “crypto-assets” must collect details of the senders and recipients in an effort to crack down on crimes.
Policymakers in the European Union proposed that all companies that transfer BTC and other “crypto-assets” must collect details of the senders and recipients in an effort to crack down on crimes.
It makes sense for regulation to happen at the ESMA level, ensuring a Europe-wide framework for regulating the digital currency markets, according to a new AMF policy paper.
Documents published by the European Union show plans are already at a developed stage for the body, which would seek to enforce new rules on the transparency of digital currency asset transfers.
Chris MacManus, a Sinn Fein Member of the European Parliament (MEP) for Midland Northwest, said digital currency laws should be tightened across the bloc, submitting some 45 amendments to the EU.
Founding President Jimmy Nguyen caught up with Pēteris Zilgalvis, Head of Unit, Digital Innovation and Blockchain, Digital Single Market Directorate at DG CONNECT.
Marcin Zarakowski joins Bitcoin Association as an experienced hand in the blockchain space, making the move from the Lisk Foundation – another Zug-based non-profit operating in the blockchain technology and digital asset sector.
Prime Minister Chung Sye-kyung said the vaccine passport is built on blockchain technology to ensure security from possible identity theft.
The European Securities and Markets Authority report said digital currencies enjoyed a surge in volumes and value over the second half of 2020, pushing some digital currencies up to all-time highs.
In a formal opinion submitted to the European Commission on digital currency regulation, the ECB said lawmakers should delegate powers over regulating private stablecoins like Diem within the trading zone.
Autorité des Marchés Financiers Chairman Robert Ophèle has proposed that the European Securities and Markets Authority should be in charge of the digital currency industry.
A London-based lawyer petitioned for a fund that would compensate victims of digital currency fraud, theft and extortion in Europe.
Huobi users in Australia, EU and UK will be allowed to purchase up to $20,000 worth of digital currencies in AUD, EUR or GBP.