And, voting 529 to 29, members backed proposals to make crypto transactions traceable. The rules will, according to lawmakers, protect investors and safeguard against financial crime and market manipulation.īy a vote of 517 to 38, the Parliament agreed common rules on the supervision, consumer protection and environmental safeguards of crypto-assets. The EU Parliament today gave the go-ahead to cryptocurrency regulations which will take effect next year. Got a crypto story to share? Email: April: Rules Target Investor Protection And Market Stability Cryptocurrency trading is largely unregulated in the UK and no compensation arrangements are in place. The UK financial regulator, the Financial Conduct Authority, has issued repeated warnings about the risks faced by those who invest in cryptocurrency, stating that all funds are at risk and investors could lose everything. What’s the latest news from the world of cryptocurrency? We monitor all the latest moves and keep you updated regularly with the key developments. Crypto Update: EU Gives Green Light To Pioneering Crypto Regulation You should always check with the product provider to ensure that information provided is the most up to date. While we work hard to provide accurate and up to date information at the time of publication that we think you will find relevant, Forbes Advisor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Advisor. These “affiliate links” may generate income for our site when you click on them. Second, we also include links to advertisers’ offers in some of our articles. This site does not include all companies or products available within the market. The payments we receive for those placements affects how and where advertisers’ offers appear on the site. This comes from two main sources.įirst, we provide paid placements to advertisers to present their offers. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive payment from the companies that advertise on the Forbes Advisor site. The Forbes Advisor editorial team is independent and objective.
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