EU Banking Authority Urges Bitcoin Law, What it Means For BTC

The European Banking Authority (EBA) has called for pan-EU rules on bitcoin and other crypto assets.
The London-based regulatory agency reached the European Commission, which drafts EU legislation, with its official report on cryptocurrency laws. The report concluded that the assortment of different crypto laws across the European nations could lead to exploitation of investors and consumers alike.
“Typically crypto-assets fall outside the scope of EU financial services regulation,”