Germany, France, Italy, Spain and the Netherlands ask the European Commission for strict rules on cryptocurrencies

According to CoinTelegraph, in the advance towards the regulation of a matter that in the future will be vital: the adoption of cryptocurrencies, the finance ministers of European nations such as Germany, Spain, France, Italy and the Netherlands have asked the European Commission to be strict when submit your proposal on cryptocurrencies. Last Friday, after seven months of conferences, the finance ministers of the member countries of the European Union met in Berlin.

The ministers were concerned about cryptocurrencies, as was the case with the French holder, who, according to what was stated, hopes that very strong and very clear rules will be issued that allow the risks involved in investing in cryptocurrencies, especially stablecoins, to be correctly covered.

These intentions to make a precise regulation in the matter of decentralized finances has been reflected in the MiCA proposal, a document that collects what is discussed in the European Commission regarding the operations that involve crypto assets and the economy behind them.

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Elijah Casanova
Ninth cycle law student at the Universidad del Pacífico. With an interest in technology, business and law. New technologies are our letter to the future.

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