The differences between U.S. and EU approaches to crypto asset regulation are even more complicated than they appear, writes Noelle Acheson.
Two top European finance regulators, the EBA and the ESMA, have separately said today that cryptocurrency and ICO rules are needed at the EU level.
The European Parliament has called for measures that would prepare the region to use blockchain to benefit trade.
Seven EU member nations have come together to promote the use of blockchain tech to boost government services and economic well-being.
The European Commission, the EU's executive body, is launching a blockchain app association next year and already has major banks on board.
A group that advises the EU's securities watchdog has recommended regulating most crypto assets under existing financial rules.
The EU's financial markets watchdog is setting aside over €1 million in order to monitor cryptocurrencies and other fintech activities in 2019.
The European Commission will conclude a regulatory assessment of crypto assets this year, because "they are here to stay," says an official.
Bittrex and invest.com announced that they will partner to launch a cryptocurrency trading platform under the invest.com brand name.
Cryptocurrencies are "unlikely" to shake up the dominance of central banks and sovereign currencies, the EU's newest report says.