EU Eyes ‘Fit For Purpose’ Virtual Currency Regulation

The European Commission is set to begin discussions with national authorities and market participants on whether virtual currencies are in need of more effective regulatory oversight.

Valdis Dombrovskis, the commission’s vice president, told reporters on Tuesday that he will host a “high level roundtable” on February 26 to discuss how to approach the technology.

“The commission has invited key authorities, including central banks and supervisors, as well as market players to share their insights,” he said at a press conference.

“The aim is to look at long-term trends linked to virtual currencies, and examine if current regulation is fit for purpose.”

To continue reading...

Our Key Benefits

 

Gain a precise view of the current and forthcoming rules 
See every rule currently in force, as well as future proposed changes and effective dates

Immediate access to the most up-to-date regulatory information
Receive real-time updates as soon as changes are announced

Interpret key points with expert commentary
Access expert commentary to help you interpret the rules and impact of rule changes

Compare regulation across jurisdictions
Compare rules and the implementation of those rules across multiple jurisdictions and sectors

Streamline your management of regulatory change
Add personal notes to rulebook sections, document your tasks and actions and share key information with colleagues