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Cryptocurrencies: what the new European rules will change

2022-05-01T17:36:11.478Z


DECRYPTION - Two European texts, which are causing an outcry in the crypto sphere, will have concrete repercussions for investors.


They have aroused the enthusiasm of individual investors, attracted by their attractive financial prospects and the records broken by the price of Bitcoin.

Cryptocurrencies, which have long remained a concern for insiders, have risen to center stage: 8% of French people hold them today, according to an estimate by the Association for the Development of Digital Assets (Adan).

The sector has so far operated without harmonized regulation, giving free rein to excesses and scams.

But two texts currently under study at European level could signal the end of the game.

The TFR directive (for "Transfer of Funds Regulation") and the MiCA regulation ("Market in Crypto Assets") - promise to drastically change the lines of this ecosystem.

The first one…

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Source: lefigaro

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