Everyday investors in the Netherlands can now invest in crypto, thanks to company’s new registration.
We are now starting to see the crossover of regulation in the digital asset market and digitalization of the traditional market.
“No global stablecoin project should begin operation until it adequately addresses relevant legal, regulatory, and oversight requirements.”
Yet, the biggest crypto hub remains on the blacklist.
The report is only the start of the discussion and raises more questions before officially studying the digital euro.
Crypto continues its trek into the mainstream.
Finance ministers from five European countries have called on the EU Commission to introduce tough regulation for stablecoins.
The planned regulatory regime could include stricter rules for projects deemed “global stablecoins,” a subtle reference, possibly, to Libra.
Despite challenges, experts are bullish on blockchain’s prospects around the world: “Once people truly understand its vast potential, I believe wide-scale adoption of blockchain will occur”
Finnish LocalBitcoins silently suspends user accounts in multiple countries, reportedly citing an “enhanced due diligence process” initiated by the EU’s 5AMLD