According to EU Commissioner, mining crypto currency is a perfectly legitimate activity in Europe and subject to the standard rules of electric power supply and consumption. In a statement issued last week, Mariya Gabriel, European Commissioner for the digital economy expressed concern about the energy-intensive nature of mining, noting the regulatory status of the industry:… More
According to Reuters, the European Commission, the Executive body of the EU, intends to create a special framework for the regulation of the FINTECH region, including blockchain projects. According to the draft document in the final version should be out this week, EU regulators intend to adopt General rules and standards that will govern issues… More
In the coming months, can be developed new rules regarding cryptocurrencies and assets based on the blockchain. This statement was made by the representative of the European Union after completion of the round table on this topic. Vice-President of the European Commission Valdis Dombrovskis suggested that the management unit may begin to perform additional oversight… More
The European Central Bank (ECB) stated that financial institutions in the European Union belong to the cryptocurrency not with the same enthusiasm as ordinary citizens. At the meeting of the European Parliament on 5 February, ECB President Mario Draghi said that the Central Bank sees “significant interest in cryptocurrencies” on the part of banks in… More
The interest of European Union to the blockchain technology and its application led to the creation of the blockchain Observatory and forum. February 1, 2018, the European Commission (EC) announced plans to create a “blockchain Observatory and forum” with the goal of “a more active study and development of new technologies in Europe”. European Union… More
Tokyo cryptocurrency exchange BitFlyer has received the license of the payment institution to operate in the European Union that became known on Monday , January 22. The license was granted to the stock exchange regulator of the Luxembourg Commission for the supervision of the financial sector (CSSF). BitFlyer, which was released to the US market… More
The European regulator for securities and markets (ESMA) is considering the regulation cryptanalytic derivatives, in particular the issue of contracts for difference (CFDs). ESMA is exploring public opinion regarding the contracts for difference (CFDs). The controller determines, as crypto-currency CFDs will comply with the regulatory framework of the derivatives market for financial instruments (MFID). ESMA… More
Different EU bodies involved in the development of the tax regime, which is likely to have an impact on the blockchain-space, as well as companies that work with cryptocurrency. A number of figures and bodies of the European Union, European Commission President Jean-Claude Juncker to the Council of Ministers of Finance and economy of the… More