Concordium’s Permissionless Blockchain Ready For Changing Regulation Since Inception
Zug, Switzerland - European Union lawmakers decided last week Friday to back tougher safeguards for transfers of bitcoin and other cryptocurrencies, in the latest sign that regulators are tightening up on the crypto sector. Two committees in the European Parliament narrowly voted to require not only exchanges, but also "obliged entities", to obtain, hold, and submit information on those involved in transfers. It is yet to be understood who the obliged entities are in case of transfers between unhosted wallets. The suggested law increases regulatory demands for crypto payments and is in
