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The Czech Republic Is Doubling Down On Crypto Regulations
Regulation   |   12.08.19  |  

The new additions to the law will be part of the implementation of the Anti-money Laundering regulatory regime. Naturally, this was first kickstarted by recommendations from the EU According to reports from a local news outlet, the Czech Republic is planning to introduce guidelines and restrictions on the cryptocurrency industry that are not included in the newest EU guidelines for cryptocurrency. The new additions to the law ...

EU To Pressure Malta Into Revamping Its AML Framework
Malta   |   01.07.19  |  

... market due to its massive growth After years of trying to develop the blockchain industry on their small Island, Malta is finally starting to face some issues in controlling the market due to its massive growth. Thanks to Malta’s notoriety in the European Union as a hub for financial, gambling and cryptocurrency companies, it is starting to face some pressure from the European Union to implement much more manageable anti-money laundering frameworks to ensure the security of the overall financial ...

European Commission’s INATBA Starts Its Work
Legislation   |   03.04.19  |  

... sector and society at large, INATBA aims to develop a framework that promotes public and private sector collaboration, regulatory convergence, legal predictability and ensures the system’s integrity and transparency.” INATBA was announced by the European Commission in March of this year. The group has more than 70 members and includes other crypto projects in addition to the mentioned above. Image courtesy of Cryptocoin Spy

Macron Calls On Europe To Implement Blockchain In The Agricultural Sector
Innovations   |   25.02.19  |  

The President of France announced this at the 56th International Agricultural Fair in Paris. According to him, the blockchain will help Europe in competition with China, Russia, and the USA French President Emmanuel MACRON wants to introduce the blockchain technology into the supply chain to make the agriculture industry more innovative. He claimed it during his speech at the 56th ...

Can GDPR Disrupt Blockchain Technology?
Guest-posts   |   18.01.19  |  

... blockchain projects could no longer operate legally, and one of them was Parity ICO Passport Service (PICOPS) — Vitalik BUTERIN has even expressed his regret: https://t.co/yt58zEPBG4 This is very sad. A potentially very useful service in the ethereum ecosystem discontinued due to GDPR issues. — Vitalik Non-giver of Ether (@VitalikButerin) 18 мая 2018 г. I have consulted with the former CEO of ERGO, currently Professor at the Technical University of Cologne Dr. Torsten OLETZKY and Fabian ...

Samsung Filed Trademarks In UK and EU For Cryptocurrency Wallet
Innovations   |   29.12.18  |  

... blockchain and smartphones. There is an option that the company is considering the integration of a cold-storage cryptocurrency wallet into the new models of smartphones. Earlier in December, the industrial giant has already filed similar applications in the European Patent Office. The application submitted by Samsung to the UK Intellectual Property Office (IPO) contains such definitions as “computer software for use as a cryptocurrency wallet”, “Computer software for cryptocurrency transfer and payment ...

No Results From The Bruxelles or London Conferences on Crypto. Are They Waiting for The SEC Decision on The ETF?
Regulation   |   12.09.18  |  

European financial authorities cannot identify their position towards the virtual financial market, and the International Monetary Fund does not recommend the island states to issue its own virtual tokens yet. The world is waiting… The members of ...

EU: $5.5 Bln Laundered on The Digital Market. What Are Bruxelles Going To Do?
Regulation   |   04.09.18  |  

The issue of the control over the virtual assets market can split the EU once again At the end of this week, EU ministers will meet in Vienna to discuss the prospects for the regulation of the cryptocurrencies market. Many experts believe that the situation with the use of virtual tokens in the shadow market is getting ...

Iran, India and The EU Are Running Out of The US Control
Regulation   |   28.08.18  |  

The USA has a new dilemma: the national Iranian cryptocurrency on the one hand, and the European pushback on the other hand. Many people are familiar with the situation when two not directly related facts illustrate significant changes on the world stage. German Foreign Minister Heiko MAAS said that the European Union needed to create ...

EU Parliament: how to find the balance between the banking sector and digital currencies
Regulation   |   27.07.18  |  

Central banks can deprive crypto markets of the access to financial institutions, by blocking access to exchanges or wallets for the users or by instituting denials of service The Policy Department of the European Parliament (Econ) has published a report about competition in the field of FinTech. The document was prepared by the Policy Department for Economic, Scientific, and Quality of Life. It contains the results of studies, carried out since the spring ...


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