Fresh Round of Scrutiny Ahead? EU Ministers to Discuss Cryptocurrency Regulation

[kreslik.news]

The Eurogroup meeting in Vienna on September 7 will discuss a fresh round of regulatory scrutiny on the cryptocurrency space, according to a draft note seen by Bloomberg News.

The unaudited document states that the aim of this discussion is to look at long-term trends linked to cryptocurrencies, and examine if current regulation is fit for purpose.

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Regulation of cryptocurrencies could seek to bring them in line with EU legislation designed to combat money laundering and illegal activities, which may include forcing traders and operators of virtual currencies to disclose their identities.

The timing of ... (read more)