The European Union (EU) has decided to put aside cryptocurrency regulation until the EU regulators make an analysis of the market, Bloomberg reported on Saturday.
There is no need for a rush into introducing common EU rules for the virtual coin market, the officials explained after the EU finance ministers’ summit in Vienna this weekend. While the European Securities and Market Authority (ESMA) is the most active in the sector, it remains unclear which bodies will do the digital asset research.
“The EU will be acting carefully in this area,” Irish Finance Minister Paschal Donohoe told reporters in the Austrian capital.
German Finance Minister Olaf Scholz said that the meeting was useful because the discussion had the goal to ...
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