The European Union has agreed on landmark rules for regulating the cryptocurrency industry, whose meltdown has been wiping out fortunes and sparking calls for tighter scrutiny worldwide.
EU negotiators hammered out the final details for a provisional agreement late on Thursday on a sweeping package of crypto regulations for the bloc’s 27 nations, known as Markets in Crypto Assets, or MiCA.
"Today, we put order in the Wild West of crypto assets and set clear rules for a harmonised market,” said Stefan Berger, the lead lawmaker negotiating the rules.
Read more at:
EU agrees on landmark crypto regulation in wake of Terra meltdown and Bitcoin plunge | Euronews
Showing posts with label Crypto Currency. Show all posts
Showing posts with label Crypto Currency. Show all posts
7/1/22
6/24/21
G;obal Economy - cryptocurrencies : World's central banks launch new campaign against cryptocurrencies - by Don Pittis
Recent moves by China to crack down on cryptocurrencies have been devastating to those who jumped on the bitcoin bandwagon this spring after a new buying frenzy had sent the digital units soaring to record highs.
And a report out Wednesday from the Bank for International Settlements (BIS), a Switzerland-based financial institution often described as "the central bankers' central bank," may mean the worries of digital coin holders are not yet over.
Read more at: World's central banks launch new campaign against cryptocurrencies | CBC News
And a report out Wednesday from the Bank for International Settlements (BIS), a Switzerland-based financial institution often described as "the central bankers' central bank," may mean the worries of digital coin holders are not yet over.
Read more at: World's central banks launch new campaign against cryptocurrencies | CBC News
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