A new report from the Open Dialogue Foundation details what’s coming down the pike regarding regulation around non-custodial Bitcoin and crypto wallets in the European Union, and the organization can use your help as it pushes back against unfavorable proposals.
The EU securities regulator is reviewing whether to allow Bitcoin assets into its €12 trillion mutual fund market, potentially opening the door to major mainstream adoption.
On Wednesday, the European Parliament adopted a new AML package increasing crypto asset service provider’s reporting requirements for anonymous payments. But it appears that the package’s crypto laws are largely based on assumptions, not facts.
The nomenclature used to help the layman understand Bitcoin makes lawmakers confuse it as money instead of entries in a database. We must change the terms.
Each member state in the EU sets its own tax rules. It is still possible, however, to identify key trends and opportunities in cryptocurrency taxation.