Europe Committed to Tightening Digital Currency Rules by End of 2017
The European Parliament has recently released a report entitled ‘The Juncker Commission’s ten priorities: State of play at the start of 2017.’ It includes digital currencies for the first time as part of the Commission’s anti-money laundering efforts, which is a priority the Commission hopes to deliver by the end of 2017. The proposed amendments seek to....
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A new European Parliament draft report on digital currencies calls for the creation of a task force specifically devoted to the technology. The report, penned by European Parliament member (MEP) Jakob von Weizsäcker of the Committee on Economic and Monetary Affairs, seeks the establishment of a task force, with its own budget and dedicated staff, that would study digital currencies and provide policy advice to the European Union and member-states. Further, the report calls for tightening regulation of both exchanges and wallet service providers – something the European Commission, the....