European Commission adopts digital finance package for crypto and blockchain

[Dociko]

Europe is one step closer to getting a concrete legal framework for digital finance. The European Commission is moving to provide more legal clarity and certainty for the cryptocurrency industry in its member states.

On Sept. 24, the EC officially adopted a new digital finance package including digital finance and retail payments strategies, as well as legislative proposals on crypto assets.

The EC said that the new package represents the first time that the authority proposed new legislation on crypto assets.

As part of the new legislative proposals, the EC pays special attention to stablecoins — a type of cryptocurrency that pegs value to an external reference like the United States dollar or an algorithm.
Details: https://cointelegraph.com/news/european-commission-adopts-digital-finance-package-for-crypto-and-blockchain