The regulation aims to prevent money laundering through these operations, which puts an end to the anonymity that prevailed until now. It is also advancing in a crypto-assets market standard for the entire Union.

The European Parliament and the 27 governments of the European Union have agreed to start applying a new rule to crypto-asset transactions that imposes the same regulations that currently apply to conventional fund transfers . Thus, cryptoasset providers will have to identify the originator and beneficiary of the transaction, regardless of the amount involved in the transaction.

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EU determines that all cryptoasset transactions must be identified

The regulation aims to prevent money laundering through these operations, which puts an end to the anonymity that prevailed until now. It is also advancing in a crypto-assets market standard for the entire Union.

MORE ANALYSIS

United States to fight ITU move to become internet regulator

Presidential elections in Costa Rica: Three leading candidates with three different digital agendas

The elections will be held next Sunday, February 1st. Laura Fernández Delgado, of the Sovereign People's Party, leads the polls by a wide margin, to the point that she could win the presidency without a runoff.

Toward the end, the WEF succeeded in bringing AI into the debate

After three days dominated by geopolitics, the WEF wrapped up with a day focused on artificial intelligence and forward-looking discussions on the energy needs required to sustain the race for AI.

Three months into the CRT: focus on dialogue and concrete plans

The Telecommunications Regulatory Commission has defined both a focus and a methodology: to propose spectrum bands for private networks and to hold dialogue roundtables to move the project forward.

Europe: operators disappointed with new Digital Networks Act

The GSMA noted that the regulation reinforces Europe’s trend toward overregulating the sector. It highlighted as positive the changes in spectrum use and the ability to operate in all EU countries based on registration in just one of them.

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United States to fight ITU move to become internet regulator