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Category: EU Commission
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Onecoin Victims Join Petition Seeking Establishment of European Crypto Fraud Compensation Fund
Onecoin victims have joined a consortium that wants the European Parliament to consider a petition seeking the establishment of a compensation fund. The envisioned EU-administered fund will function as an insurance kitty for current and future victims of all crypto fraud. The petitioners are proposing the levying of an “unnoticeable” fee of 0.0001 cent per […]
The post Onecoin Victims Join Petition Seeking Establishment of European Crypto Fraud Compensation Fund appeared first on Bitcoin News.
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EU Finance Ministers Place Defacto Ban on Libra
Libra’s ongoing organizational snags and run-ins with regulators continue into December, as EU finance ministers agreed Thursday that Libra cannot be launched in the EU until concerns are adequately addressed. The finance ministers issued a joint statement citing regulatory “challenges and risks.” Also Read: Libra Testnet Fails to Impress as New Legislation Looms Lawmakers Still […]
The post EU Finance Ministers Place Defacto Ban on Libra appeared first on Bitcoin News.
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Austria Wants to Regulate Bitcoin like Gold and Derivatives
Austria Finance Minister Hartwig Löger is urging both his country and the broader European Union to treat cryptocurrencies such as bitcoin in a regulatory fashion as they do now with regard to gold and derivatives. Also read: How To Regain Control From Nanny Zuck Austria Floats Ideas About Bitcoin Regulation “The cryptocurrencies are in the process […]
The post Austria Wants to Regulate Bitcoin like Gold and Derivatives appeared first on Bitcoin News.
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