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Crypto Currency, now regulated in the EU

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Crypto Currency, now regulated in the EU

Postby repulsewarrior » Sun Jul 03, 2022 12:27 am

The EU rules, which would still need final approval and are expected to take effect by 2024, include measures to prevent market manipulation, money laundering, terrorist financing and other criminal activities. ... oin-plunge

The European rules are aimed at maintaining financial stability - a growing concern for regulators amid a string of recent crypto-related crashes. For example, the stablecoin TerraUSD imploded last month, erasing an estimated $40 billion (€38.2 billion) in investor funds with little or no accountability.

...Bitcoin itself is not regulated.
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