According to the Vienna-based exchange, all transactions over €10,000 ($12,300) processed in the European Union should be subject to anti-money laundering regulation. Tougher financial rules might stunt the emerging market for virtual cash.
“Regulation provides us with more legitimacy. We’ve wanted to be regulated, but so far have been told that we cannot be,”Eric Demuth, the co-chief executive officer of one of Europe’s most popular cryptocurrency trading platforms, told Bloomberg.
source: https://www.rt.com/business/421043-gold-standard-rules-bitcoin-regulation/comments powered by HyperComments