EU sets first rules for crypto regulation

European Union officials have agreed on rules that will govern the cryptocurrency market in the bloc, forcing platforms to seek permission to operate and provide protections for users.

The deal still needs to go through Brussels’ complicated legal process and likely won’t come into force until 2024. However, officials say it will make the EU the first large region to have regulation. general regulation of crypto assets in the world. Some countries have national legislation governing digital assets, but these will mark the first EU-wide rules. EU sets first rules for crypto regulation

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