European Commission To Review Existing Cryptocurrency Regulation

News, Regulation | February 28, 2018 By:

European Commission vice president Valdis Dombrovskis said that the EC would assess the existing regulatory framework for cryptocurrencies and accordingly decide whether regulatory action at the European Union level is required.

Dombrovskis made the remarks at the roundtable on cryptocurrencies. The goal of the roundtable was to feed into the EC’s upcoming Action Plan on FinTech,


European Financial Watchdog ESMA Warns ICO Investors, Companies

Announcements, ICO News, News, Regulation | November 14, 2017 By:

The European Securities and Markets Authority (ESMA), EU’s financial regulatory institution and European supervisory authority, is the latest financial regulator to issue a warning on initial coin offerings (ICO).

ESMA has released two statements, one on risks of ICOs for investors and one on the rules applicable to firms involved in ICOs.


European Commission Proposes New Cyber Security Agency

Announcements, Crime, ICO News, News | September 21, 2017 By:

The European Commission is gearing up to propose new penalties for cyber crimes involving cryptocurrencies. As part of that, the EU’s executive arm said it would create a new cyber security agency to fight back against hackers.

“The proposed directive will strengthen the ability of law enforcement authorities to tackle this form of crime by expanding the scope of the offences related to information systems to all payment transactions,