EU, a directive recognizes cryptocurrency
Forbes, in an article by Vishal Marria, makes a focus on the fifth anti-money laundering directive approved by the European Union past July.
The main objective of the provision is the creation of a centralized and public register of companies and their owners. The other priority is to support international cooperation between the intelligence units of European banks.
Digital coins are also involved: they will have to respect the same standards of traditional currencies. This decision is part of the European Union’s plan to recognize and regulate the exchange of cryptocurrency.