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Category: european commission
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EU eyes new money laundering regulator and stricter crypto reporting requirements
The new Anti-Money Laundering Authority would comprise the “centerpiece” of a new supervisory system that would include national regulators.
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EU Mulls AML Authority and New Rules for Crypto Transfers, Documents Suggest
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European Parliament Petitioned to Create Crypto Crime Compensation Fund
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EU Seeks to Curb Reliance on US Dollar After American Sanctions Exposed Financial Infrastructure Vulnerabilities
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OECD tax director says international crypto tax standards are coming in 2021
The director of the OECD’s tax center has revealed that the organization expects to release a tax reporting standard for crypto assets by the end of next year.
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European Commission Opposes Crypto Fraud Compensation Fund: Victims Say Commission Cozying up to the Industry
The European Commission (EC) is opposing the creation of the crypto crime victim superfund to be financed with $0.0001 per dollar on all cryptocurrency transactions occurring within the EU. The Commission says that it does not have the competence to set up and administer such a fund. It also argues that most crypto crimes occur […]
The post European Commission Opposes Crypto Fraud Compensation Fund: Victims Say Commission Cozying up to the Industry appeared first on Bitcoin News.
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European Commission to launch blockchain regulatory sandbox by 2022
Crypto and blockchain regulations seem to have become a top priority in the EU.
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European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law
The European Commission, the executive arm of the E.U., has drawn up regulation to tightly monitor cryptocurrencies it considers “significant”, including asset-backed stablecoins like Facebook’s libra. Euractiv, a European news outlet, first reported the news on Sept.10, citing a leaked 167-page draft crypto proposal. According to the report, the regulation will seek to tackle bitcoin’s […]
The post European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law appeared first on Bitcoin News.
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Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on Facebook
Facebook’s coin project, Libra, continues to draw attention despite setbacks, including a shrinking pool of backers and a growing number of worried regulators. But now with JP Morgan seeing potential for the social network’s cryptocurrency and e-commerce giant Shopify joining the Libra Association, its chances might have improved. Although, assuring governments that Libra won’t undermine […]
The post Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on Facebook appeared first on Bitcoin News.
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