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European Lawmakers Urge for Crypto Taxation, Use of Blockchain to Fight Evasion

European Lawmakers Urge for Crypto Taxation, Use of Blockchain to Fight EvasionMembers of the European Parliament have called for “effective taxation” of crypto assets and “better use of blockchain” to counteract tax evasion. A resolution aiming to achieve both objectives has been approved by a large majority which also wants small crypto traders to enjoy a simpler tax regime. European Parliament Adopts Framework for Uniform Taxation […]

Quantum computing will fortify Bitcoin signatures: Adam Back

Europe’s MiCA Crypto Rules Submitted, ECON Committee to Vote in Mid-March

Europe’s MiCA Crypto Rules Submitted, ECON Committee to Vote in Mid-MarchThe European Union’s regulatory proposal for crypto markets, MiCA, has been filed with the European Parliament. The latest version of the draft framework does not feature a controversial provision that could have effectively prohibited cryptocurrencies like bitcoin that rely on proof-of-work mining. Economic and Monetary Affairs Committee to Vote on Latest MiCA Draft on March […]

Quantum computing will fortify Bitcoin signatures: Adam Back

Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation

Proof-of-Work Ban Removed From Europe’s Proposed Crypto RegulationA text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move comes after the controversial provision sparked objections from the crypto community. MiCA Proposal Drops Ban on Proof-of-Work Coins Wording that could have banned cryptocurrencies with proof-of-work (PoW) mining, […]

Quantum computing will fortify Bitcoin signatures: Adam Back

EU Members Want to Task New AML Watchdog With Crypto Oversight, Report Unveils

EU Members Want to Task New AML Watchdog With Crypto Oversight, Report UnveilsA group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the move are concerns that companies dealing with digital assets can be engaged in the processing of illicit funds. Germany Leads Push to Place Crypto Firms Under EU Anti-Money Laundering Supervision […]

Quantum computing will fortify Bitcoin signatures: Adam Back

EU Mulls AML Authority and New Rules for Crypto Transfers, Documents Suggest

EU Mulls AML Authority and New Rules for Crypto Transfers, Documents SuggestThe European Union is preparing to set up an anti-money laundering agency to coordinate national supervisory authorities. According to a media report based on EU documents, the bloc also plans to impose new rules to increase transparency for cryptocurrency transfers. Europe Steps Up Anti-Money Laundering Efforts on Union Level In response to calls for enforcement […]

Quantum computing will fortify Bitcoin signatures: Adam Back