The Quest for a Pan-European Approach to Cryptocurrency

[newshunter]

The Quest for a Pan-European Approach to Cryptocurrency

Will the European Union lead other countries in legal approaches to crypto asset legislation?

Source: The Quest for a Pan-European Approach to Cryptocurrency

Would appreciate your opinion about this

[Noverteno]

The European Union is indeed relatively quick to respond to various changing conditions in global financial relations. This is clearly seen in the example of the possible emergence of a stable Libra coin, which could have a significant impact on the economies of the European Union and the world as a whole. European Union finance ministers quickly issued a general statement on the possibility of banning the circulation of Libra in their territories. Germany, France and other European countries have made significant progress in the field of cryptocurrency regulation. A common approach to such regulation is also being developed by the governing bodies of the European Union. Therefore, it is likely that the European Union will continue to have a significant impact on the development of the legislative framework for the general regulation of cryptocurrency.