The regulation will come into force in 2024. It controls the issuance and trading of crypto assets, as well as virtual wallets and marketplaces. Those who carry out activities related to crypto assets will have to register with the European authority. They will also have to inform who is involved in any transaction with crypto assets.

European Union states on Tuesday gave the final go-ahead to the world's first comprehensive set of rules to regulate crypto assets, increasing pressure on countries such as Britain and the United States to catch up.

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EU approves world's first cryptoasset regulation

MORE ANALYSIS

Panama goes to the presidential election in a framework of high uncertainty

Cosmas Zavazava: More resilient approaches needed in an increasingly volatile digital world

The Director of Telecommunication Development of the ITU spoke with Convergencia about the objectives in Latin America of the Acceleration Centers Network and the Innovation and Entrepreneurship and Digital Development Alliance.

What will be the sector's agenda after the repeal of DNU 690?

Representatives from various associations representing ICT companies agreed that the repeal of the decree is positive and that this will mark the beginning of a new stage. However, politicians warn that without regulation, the law of the jungle will prevail in a highly concentrated market.

IMF alert: cyber attacks on financial system increase and lack of policies to face challenge

The agency warned that there is a lack of binding regulations and data on cyberattacks. Weak governance in the matter does not help either. Emerging countries and financial institutions that began teleworking after the Covid-19 pandemic are more at risk.

Milei Government rules out decree 690

It does so to "safeguard the rules that allow the development of a competitive market and the free setting of prices for the services provided." The use and access to networks is no longer a competitive public service.

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