Crypto is here to stay, but classification is needed, EU leader says

The European Union (EU) is expected to introduce regulations for the cryptocurrency industry within the next couple of months. It had previously announced that it would have some type of framework in place by August, but had to push back the timetable due to the intricacies of the crypto ecosystem. The union recognises the value of digital Read more about Crypto is here to stay, but classification is needed, EU leader says[…]

EU should adopt common cryptocurrency rules

The European Union should adopt common rules on cryptocurrencies and scrutinize how new digital units are distributed to investors and subsequently traded, according to a report prepared for EU finance ministers. The Brussels-based think tank Bruegel argues for EU-level regulation of crypto exchanges and clearer rules on “Initial Coin Offerings” (ICOs) to control risks and Read more about EU should adopt common cryptocurrency rules[…]