The filing marks the first major legal challenge to DAC8 in the EU. Bull Bitcoin warns that forced consolidation of user data undermines both privacy and the regulation’s own tax-collection goals by driving users toward unregulated alternatives.
Bitcoin Suisse secured a MiCAR license in Liechtenstein, enabling the crypto financial services firm to expand regulated operations across the European Union under a unified regulatory framework.
A new report from the Open Dialogue Foundation details what’s coming down the pike regarding regulation around non-custodial Bitcoin and crypto wallets in the European Union, and the organization can use your help as it pushes back against unfavorable proposals.
The EU is set to release draft legislation which would hinder the bitcoin mining industry while encouraging the use of proof-of-stake based cryptocurrencies.