Digital Wild West: New rules for digital currencies

So far, there is no clear policy line for digital currencies. The EU Commission does not want to exclude them from the European market, but wants to regulate them strictly in the future.

In the coming weeks, the legislation developed to regulate digital currencies will be presented. The European Commission aims to protect consumers and investors as well as legal certainty and financial stability. This is set out in a ten-page working paper sent to all Member States. New rules are to be created that relate to the settlement, custody and investment of crypto assets.