Regulations for cryptocurrencies and virtual assets in Europe are set to get a major overhaul in the coming months. The European Commission is currently working on proposals that will bring these assets under the scope of EU financial rules for the first time. The move comes as more and more people are investing in crypto-assets, and the market for these assets is growing exponentially.
While investment opportunities in this space are encouraged, there is also a risk of fraudulent activities, such as money laundering. The new proposals will help to mitigate this risk by ensuring that cryptocurrencies and virtual assets are subject to the same anti-money laundering rules as other financial instruments. In addition, the proposals will also establish a clear legal framework for initial coin offerings and cryptocurrency exchanges. With these new measures in place
Tune into our webcast and see our experts Ana Salazar and Rayissa Armata peel back the layer on the main trends and developments on the European regulatory space in Crypto and virtual assets.
GET INSIGHTS ON:
- The key trends and developments in the European crypto regulatory landscape
- Getting ready: Insight on the questions and aspects being discussed among regulators
- How cryptocurrency operators can navigate with ease through the regulatory jungle in the EU+UK