The Netherlands proposed the regulation of the cryptocurrency and ICO

Home » REGULATIONS » The Netherlands proposed the regulation of the cryptocurrency and ICO
The Netherlands proposed the regulation of the cryptocurrency and ICO

Dutch Finance Minister Vopka Hextra appealed to the country’s parliament with a proposal to make more active use of international experience in regulating cryptocurrency.

In the Minister’s opinion, the regulatory impact on the part of government bodies should primarily be directed at protecting consumers. In particular, Hextra intends to talk with credit card issuers about the possibilities of strengthening the protection of buyers of cryptocurrencies.

The minister also proposes to introduce mandatory state registration of local crypto-exchange services and exchange sites, which, at the same time, will have to identify their clients. Implementation of these requirements, says Hextra, should be provided by all market participants until the end of next year. Among other things, the Minister proposes to adopt new laws to protect the rights of ICO-investors.

“At the moment, we are investigating whether ICO investors can also be well protected, as participants in traditional IPOs or bondholders. Currently, there are not enough norms for this, “the official said.

In addition, the minister proposed to ban the promotion of “potentially risky” and speculative financial products, and also promised to join forces with other EU countries to study the “transboundary nature” of this market.

  • bitcoinBitcoin$3,955.36
  • ethereumEthereum$146.97
  • rippleXRP$0.319801
  • tetherTether$1.00
  • eosEOS$3.82
  • stellarStellar$0.089424
  • litecoinLitecoin$49.09
  • cardanoCardano$0.045156
  • tronTRON$0.024871
  • moneroMonero$50.38
  • iotaIOTA$0.302220
  • nemNEM$0.043665
  • dashDash$84.06
  • neoNEO$8.68
IBM used blockchain to ship 28 tons of citrus fruits from China to Singapore
On the eve of the Chinese New Year celebration, the technological giant IBM delivered 28 tons of oranges and tangerines from China to Singapore. When issuing a bill of lading confirming the contract of shipment, the blockchain technology was used, reports CoinDesk. IBM experts note that the electronic bill of lading (e-BL) has accelerated administrative […]
2019-02-19 0 13
What Can I Buy with BTC and What Sites Use It?
In the autumn of 2017 cryptocurrency fever triggered a high interest among trade agents in using BTC as payment method both for online and offline commerce. People were thrilled and excited. Searches on Google like “where to pay with bitcoin”, “where to spend bitcoin”, “bitcoin stores” were most frequent those days.  Unfortunately, raising fees for […]
2019-02-18 0 41
The media confirmed the launch date of the test network Telegram Open Network
The Telegram Open Network (TON) blockchain platform, behind which the popular messenger operator stands, is 90% complete, and the launch of the test network is scheduled for the end of March 2019. It is reported by The Block, with reference to the report received by the investors of the project. As the newspaper notes, Telegram […]
2019-02-11 0 16
Media: the cost of the Telegram internal cryptocurrency could reach $ 30 billion
By the end of 2019, the total cost of the internal token Gram of the blockchain project Telegram Open Network (TON) could reach $ 29.5 billion. The Bell reports with reference to the report HASH Crypto Investment Bank. According to the investment company, the target cost of 1 Gram token by the end of 2019 […]
2019-02-07 0 13
© 2017–2018