Regulation and licensing of cryptocurrencies in Europe and the CIS.
Posted: Mon Jan 27, 2025 9:25 am
A few years ago, when most countries had not yet defined their position on blockchain and cryptocurrencies, regulation at the legislative level was quite diverse - from the issuance of national cryptocurrencies to a complete ban and criminalization. In some jurisdictions, there is still some ambiguity, which only emphasizes the dual nature of this area.
The hesitation of politicians regarding crypto assets namibia number data is understandable. The financial side has many subtleties, which governments are usually in no hurry to touch upon without urgent need. On the other hand, authorities are increasingly interested in blockchain technology and its application in other areas.
Blockchain applications in areas other than finance are still in the development stage, but nevertheless, legislation regulating the circulation of cryptocurrencies has already appeared in various countries. Thus, the authorities realized that they can benefit from the financial component of the cryptocurrency phenomenon, and over the past couple of years, a trend has been observed in various countries to develop a legislative framework.
We will analyze the most interesting cases of regulation implementation or its absence, provide links to regulations and other useful publications. Then we will draw conclusions about how governments are trying to balance the crypto economy.
Regulation and licensing of cryptocurrencies in Europe
Update as of April 2023: World's first comprehensive cryptocurrency regulation approved in EU
The hesitation of politicians regarding crypto assets namibia number data is understandable. The financial side has many subtleties, which governments are usually in no hurry to touch upon without urgent need. On the other hand, authorities are increasingly interested in blockchain technology and its application in other areas.
Blockchain applications in areas other than finance are still in the development stage, but nevertheless, legislation regulating the circulation of cryptocurrencies has already appeared in various countries. Thus, the authorities realized that they can benefit from the financial component of the cryptocurrency phenomenon, and over the past couple of years, a trend has been observed in various countries to develop a legislative framework.
We will analyze the most interesting cases of regulation implementation or its absence, provide links to regulations and other useful publications. Then we will draw conclusions about how governments are trying to balance the crypto economy.
Regulation and licensing of cryptocurrencies in Europe
Update as of April 2023: World's first comprehensive cryptocurrency regulation approved in EU