Altcoins News
By James Thorp
1 / 15
Cartels at the Heart of the Problem. What drives the two regions to act is primarily the growing power of cartels in the digital space.
2 / 15
Protecting Blockchain Innovation. But here lies the real conundrum: the authorities of both regions do not want to stifle what makes…
3 / 15
Brussels and Mexico City are moving together. Both entities are aligning their authorities to build a common framework for monitoring suspicious digital transactions — a complex…
4 / 15
The core issue is that cryptocurrencies have become a preferred tool for criminal organizations.
5 / 15
No precise details on the measures. Not yet.
6 / 15
The idea behind the Europe-Mexico collaboration is to set a precedent. If two such different regions succeed in harmonizing their approach, it could encourage other countries to…
7 / 15
And tensions with Washington further complicate the picture. It's not clear how exactly, but the source mentions international commercial pressures adding to the equation.
8 / 15
See also: France Accounts for 70% of Global Crypto Wrench Attacks, Bitcoiners Blame Data Honeypots
9 / 15
Thus, ongoing discussions aim to develop effective monitoring mechanisms without hindering market dynamics. Easier said than done. Much harder to implement.
10 / 15
Read also: Squid Protocol Survives $3.2 Million SquidRouterModule Breach With Core Systems Intact
11 / 15
Officials from both regions emphasize the importance of consulting industry players. The goal is for new regulations to be both effective and fair — targeting suspicious flows…
12 / 15
The next steps could include more frequent information exchanges between the two regions and possibly the establishment of common protocols.
13 / 15
What is clear is that both regions want a flexible regulatory framework. Not a rigid regulation that would block technological advances, but something adaptive — capable of…
14 / 15
Digital capital flows are increasing, and the authorities know that time is not on their side.
15 / 15
Related reading: StablR Euro and USD Stablecoins Depeg After $2.8M Private Key Exploit
The Currency Analytics
Want the full story?