Bitcoin european union
The european parliament and the council of the european union have proposed amending a directive on preventing money laundering and terrorist financing that will require cryptocurrency exchanges and wallets to identify suspicious activity, a directive that would include identifying bitcoin users. Bitcoin price could be set for another dramatic fall after luxembourgs finance minister pierre gramegna suggested the european union could soon unleash new cryptocurrency regulations.
European union live bitcoin news.
Some people are freaking out about news of a bitcoin crackdown in the u. Vatgst and other taxes (such as income tax) still apply to transactions made using bitcoins for goods and services.
Court of justice of the european union press release no 12815.
The european union is gradually turning into a bitcoin-friendly place. Price analysis news.
The european unions financial watchdogs are seeking to burst bitcoins bubble to avoid a price boom, after cautious regulators have watched its price soar to nearly 20,000 (14,391) in 2017. In the past few days, there has been multiple positive news.
Furthermore, east european meps were looking to establish themselves as blockchain hubs.
Bitcoin and other cryptocurrencies banned in the european.
Bitcoin and other cryptocurrencies banned in the european union 16th october, wednesday pretty cool admin 0 comments the legal status of bitcoin and other cryptocurrencies varies substantially from state to state and is still undefined or changing in many of them. The european union has passed no specific legislation relative to the status of the bitcoin as a currency but has stated that vatgst is not applicable.
A couple of bitcoin exchanges allow sepa transfer to fill up the accounts with balances, this is a cheaper option than bank wire transfers for those who want to buy bitcoin in exchange for euro. Blockchain discourse in europe is presently revolving around regulation, innovation, and relations with financial institutions follow these events and more in the bitcoin news weekly roundups.