25 Jan '16, 6pm

EU says to monitor, not regulate 'hyped' virtual currencies

EU says to monitor, not regulate 'hyped' virtual currencies

LONDON The European Union will monitor rather than regulate "hyped" virtual currencies for now, because too little is known to justify new rules beyond reining in specific risks like money-laundering, the body's executive said on Monday. The world's 600 virtual currencies are tiny, with bitcoin alone accounting for 90 percent of the $7 billion sector, compared with daily turnover of about $5 trillion on global foreign exchange markets. Virtual currencies are traded online and not backed by a central bank. The collapse of bitcoin exchange Mt. Gox two years ago raised concerns about consumer protection in a largely self-regulated, experimental sector. After the attacks in Paris last November, policymakers also want to ensure that virtual currencies are not used to finance terrorism. The EU's European Commission has powers to propose bloc-wide rules, but one of its senior fin...

Full article: http://www.reuters.com/article/us-eu-bitcoin-regulations-...

Tweets

EU says to monitor, not regulate 'hyped' virtual currencies

EU says to monitor, not regulate 'hyped' virtua...

reuters.com 25 Jan '16, 6pm

LONDON The European Union will monitor rather than regulate "hyped" virtual currencies for now, because too little is know...

European Parliament discusses Bitcoin and virtu...

Bravenewcoin.com 30 Jan '16, 12am

The European Parliament is made up of 751 democratically elected representatives from the 28 member states of the European...

London, Paris dismiss ISIS video as EU police w...

straitstimes.com 25 Jan '16, 8pm

PARIS (AFP) - France and Britain on Monday dismissed a video showing extremists preparing for the Paris attacks in Islamic...

5 years after the #ArabSpring, EU must keep san...

transparency.org 25 Jan '16, 5pm

25 January 2016 · Transparency International Secretariat Translations: AR Transparency International calls on EU to keep s...

HASHCLUB Talk about Bitcoins and other digital ...

hashclub.org 27 Jan '16, 5pm

Just doing some quick math and found something I expected and think is worth mentioning if investors hadn't already done t...

Sephora's Virtual Artist brings augmented reali...

luxurydaily.com 25 Jan '16, 8am

Sephora’s augmented reality feature allows users to virtually test lipsticks in its app By Brielle Jaekel In a reflection ...

Sephora's Virtual Artist brings augmented reali...

luxurydaily.com 25 Jan '16, 3pm

Sephora’s augmented reality feature allows users to virtually test lipsticks in its app By Brielle Jaekel In a reflection ...