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Learning & News => News related to Crypto => Topic started by: fitload on January 09, 2019, 02:15:40 PM

Title: European Banking Authority Calls for laws on Crypto Assets
Post by: fitload on January 09, 2019, 02:15:40 PM
The European Banking Authority (EBA) has called for new pan-EU rules on crypto assets in a bid to heighten consumer protection.

The European Banking Authority (EBA), the EU’s pan-European banking regulator, published the results of its year-long investigation into crypto assets such as bitcoin and ICO tokens on Wednesday.

The report found that “a significant portion of activities involving crypto-assets do not fall within the scope of current EU financial services law (but may fall within the scope of national laws).” As a result, there is the possibility of regulatory divergence between members of the EU.

Read More: https://bitzamp.com/european-banking-authority-calls-for-laws-on-crypto-assets/ (https://bitzamp.com/european-banking-authority-calls-for-laws-on-crypto-assets/)