- 1 March 2022
- Posted by: Cryptovalues
- Category: World News
- Regulatory News
Several Supervisory Authorities, including the Italian and Danish ones, have intervened in the field of cryptocurrencies, agreeing that financial innovation should not be stifled by Policymakers, being the blockchain an efficient infrastructure for payment services.
At the same time, the Authorities are called upon to exert a strict control and to implement regulation, especially with a view to combating money laundering and terrorist financing (AML/CFT).
The European approval of MiCAR was suspended due to the heated debate on sustainability and energy consumption.
In Italy the Decree of the Ministry of Economy and Finance, concerning providers of services related to virtual currency has been published.
- Business news
New stock exchanges incorporating blockchain technology are emerging, such as BSTX.
The US Government has seized $3.6 billion worth of Bitcoin stolen in 2016 during the hacking attack on Bitfinex. There are always new entrepreneurial initiatives entering the world of blockchain, as by Alfa Romeo and by Gunnercooke law firm.