Europe normalizes cryptocurrency
Quote from Ndubuisi Ekekwe on July 21, 2021, 8:42 PM
Europe normalizes cryptocurrency: "A new proposal from the European Commission would force financial platforms to collect the identities of the buyer and seller in cryptocurrency transactions, as a way to fight money laundering. It would also ban financial firms from providing anonymous crypto wallets, according to BBC. This won't deter sophisticated cryptocurrency schemes, but brings cryptocurrency into similar regulations as other assets", notes Fortune.

Europe normalizes cryptocurrency: "A new proposal from the European Commission would force financial platforms to collect the identities of the buyer and seller in cryptocurrency transactions, as a way to fight money laundering. It would also ban financial firms from providing anonymous crypto wallets, according to BBC. This won't deter sophisticated cryptocurrency schemes, but brings cryptocurrency into similar regulations as other assets", notes Fortune.
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