Finance ministers from 28 member states of the European Union are preparing to discuss a number of problems in the digital assets market, such as lack of transparency, the use of cryptocurrency in money laundering, the ease of tax evasion and the potential financing of terrorism. It is reported that among other things the EU is going to tighten the rules of turnover of crypto.
Europol held a series of meetings with the largest European exchanges cryptocurrency to develop more aggressive ways to combat offenses in the field of digital assets trading.
The draft law will be presented on September 7 in Vienna.
Recently, the German Foreign Minister Heiko Maas stated that the European Union needs to create an interbank system independent of the US for transferring information and making payments that differs from the American SWIFT system.