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The Council of the European Union has given its final approval to new regulations for crypto assets and markets in the EU. The decision completes a lengthy and complex legislative process for what’s considered to be the world’s first comprehensive legal framework for digital assets like bitcoin. EU Finance Ministers Give Final Nod to Markets … Read more
DAC8 extends tax reporting procedures to crypto transfers in line with the OECD crypto reporting framework and EU AML rules. Go to Source Powered by WPeMatico
European Union Council finance ministers vote to adopt the continent’s Markets in Crypto-Assets legislation following unanimous approval of new legal frameworks. Go to Source Powered by WPeMatico
The European Union’s Markets in Crypto-Assets regulation could stifle innovation and increase compliance costs for the crypto industry. Go to Source Powered by WPeMatico
Estonia’s money laundering regulator highlighted a number of issues it found within local crypto firms, such as dodgy execs and nonsensical business plans. Go to Source Powered by WPeMatico
Future regulation is intended to ensure uniform regulation for all European countries and covered participants. Go to Source Powered by WPeMatico
France’s financial regulator is weighing up “fast track” options for registered firms so they can be compliant with MiCA rules as soon as possible. Go to Source Powered by WPeMatico
The Markets in Crypto-Assets Act, also known as MiCA, was finally passed by the European Parliament. Go to Source Powered by WPeMatico
Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has issued a clarification regarding the taxation of income resulting from cryptocurrency transactions. Ukraine Set to Incorporate EU Crypto Regulations Into National Law A regional leader … Read more
Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators also backed the introduction of mechanisms allowing the tracing of cryptocurrency transactions which will also apply to private crypto wallets above a certain threshold. European Lawmakers Endorse Groundbreaking Crypto Assets Legislation Europe’s new common rules … Read more