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FOURTH GERMAN BANK APPLIES FOR CRYPTO LICENCE
- 22 April 2022
- Posted by: Cryptovalues
- Category: Central Banks, Cryptovalues News, EU Law
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In the USA, the last few months have seen new crypto entries from all the major banks, who, prompted by their customers’ demands to offer services and investments related to cryptocurrencies in a regulated and secure manner, have begun to broaden their focus and have set a series of rules to allow their customers access
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CRYTPO LICENCE TO A PORTUGUESE BANK
- 21 April 2022
- Posted by: Cryptovalues
- Category: EU Law, World News
Bison Bank leads the way: it has become the first monetary organisation authorised by the Central Bank to provide cryptocurrency trading opportunities to customers. This is an important step for Lisbon, which with the granting of the first crypto licence to a bank in the country continues on its path to becoming one of the
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“TRAVEL RULE” EXTENDED TO CRYPTO ASSET SERVICE PROVIDERS
- 4 April 2022
- Posted by: Cryptovalues
- Category: Cryptovalues News, ECB - Lagarde, EU Law
A counter-proposal by the Consortium CryptoValues to the proposed amendments to the Transfer Funds Regulations (“TFR”) that will extend the “travel rule” to the crypto asset service providers On 20.7.2021, the European Commission’s AML package included a revision of the Transfer Funds Regulations (“TFR”) (i.e. Proposal on “Regulation of The European Parliament and of the
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EUBLOCKCHAIN PUBLISHED A STUDY ON THE LAST DEVELOPMENTS OF EU BLOCKCHAIN SYSTEMS
- 24 November 2020
- Posted by: Cryptovalues
- Category: Cryptovalues News, ECB - Lagarde, EU Law
To support Europe’s efforts to develop a harmonized framework across the EU member states about crypto-assets and their underlying technology (Blockchain or Distributed Ledger Technology, DLT), it is therefore important to study the current level of regulatory and market maturity in each of them. The EUBlockchain Observatory and Forum has undertaken a study on capturing
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FAFT – VIRTUAL ASSETS RED FLAG INDICATORS
- 17 September 2020
- Posted by: admincryptovalues_wp
- Category: EU Law, World News
The FATF Recommendations are recognised as the global anti-money laundering (AML) and counter-terrorist financing (CFT) standard. “INTRODUCTION: Virtual assets (VA) and related services have the potential to spur financial innovation and efficiency, but their distinct features also create new opportunities for money launderers, terrorist financiers, and other criminals to launder their proceeds or finance their
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EUROPEAN COMMISSION DRAFT- REGULATION ON MARKETS IN CRYPTO-ASSETS
- 15 September 2020
- Posted by: admincryptovalues_wp
- Category: ECB - Lagarde, EU Law
This draft is a further sign of how the crypto industry is taking giant steps towards European regulation. Download here the PDF: DRAFT REGULATION MARKETS IN CRYPTO ASSETS Source: POLITICO Europe
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THE EU’S PROPOSED FRAMEWORK FOR A MARKET IN CRYPTO ASSETS
- 23 July 2020
- Posted by: admincryptovalues_wp
- Category: Central Banks, ECB - Lagarde, EU Law
The following article by Lawrence Wintermeyer, Exec Co-Chair of Global Digital Finance, shines a light on the upcoming EU proposed Framework for Crypto-assets. After years of anticipation on December 19, 2019 the European Commission (the Commission) issued a public consultation on crypto assets, which concluded on March 19, 2020. The consultation paper follows detailed due diligence
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AMLD5 – HOW THE NEW RULES WILL IMPACT ON THE INDUSTRY
- 19 December 2019
- Posted by: admincryptovalues_wp
- Category: Cryptovalues News, EU Law
AMLD5 will be in force on January 10th, 2020. What will be changed? What will impact the industry? For the first time , in AMLD5, The following points are added to art.1 : (g) providers engaged in exchange services between virtual currencies and fiat currencies; (h) custodian wallet providers; Here you can find the point