The trends in the legal regime of virtual money in the EU were also affected in the presentation in the light of the forthcoming Regulation of Virtual Currency Exchange Platforms and Portfolio Providers offering custody services.
The proposed directive expands the list of obliged entities to which Directive (EU) 2015/849 applies in order to include providers engaged primarily and professionally in exchange services between ‘virtual currencies’ and ‘fiat currencies’ (understood in the proposed directive to be currencies declared to be legal tender and wallet providers offering custodial services of credentials necessary to access virtual currencies (called ‘custodial wallet providers’). The proposed directive also requires Member States to ensure that providers of exchanging services between virtual currencies and fiat currencies and custodian wallet providers are licensed or registered
More details on the legal regime of the Cripto currencies will be presented in the special edition of the Meetup Group 1Legal Garage in October.
The focus of the event is: *Bitcoins as viable asset.*
Details on the agenda and the presenters coming soon.