The lack of agreement among EU officials on how to treat virtual currencies has created a legal limbo in Europe, where people, organisations, and business can interact with cryptocurrencies without a clear legal framework.
However, the plans recently unveil by the social media giant Facebook to launch their own virtual currency Libra among millions of European users have triggered a debate in the EU about virtual currency legislation....
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? LoginElena is EUobserver's editor-in-chief. She is from Spain and has studied journalism and new media in Spanish and Belgian universities. Previously she worked on European affairs at VoteWatch Europe and the Spanish news agency EFE.
Elena is EUobserver's editor-in-chief. She is from Spain and has studied journalism and new media in Spanish and Belgian universities. Previously she worked on European affairs at VoteWatch Europe and the Spanish news agency EFE.