What Ban? EU Opts to “Boost” and “Support” Bitcoin – Trustnodes - BitcoinEthereumNews.com
Bitcoinक्या प्रतिबंध? ईयू बिटकॉइन को बूस्ट और सपोर्ट करने का विकल्प चुनता है - ट्रस्टनोड्स03 / 15 / 2022बिटकॉइन एथेरियम समाचार Rather than a much speculated ban on cryptos, the European Union has anounced it aims to “boost users confidence and support the development of digital services and alternative payment instruments.” Members of the European Parliament (MEPs) on Monday agreed on draft rules for the governing of crypto assets in the European Union (EU). The proposed rules cover aspects such as regulation, consumer protection and environmental sustainability. Following a vote on Monday evening, the Economic and Monetary Affairs Committee secured a negotiating position regarding legislation to govern digital assets. There were 31 votes in favour of the decision with 4 in opposition and 23 abstentions. Uniform Regulation, Consumer Protection and Market Integrity The proposed laws are expected to help increase user confidence in digital assets by ensuring that regulation for the various forms of digital assets including popular cryptocurrencies like Bitcoin and Ethereum and asset referenced tokens (stablecoins) are governed by the same regulations throughout the region. They could also support the development of financial technology in the region. On the regulation front, there are laid out procedures concerning “transparency, disclosure, authorisation and supervision of transactions”