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The legal classification in the EU should be interesting here. The directive 2018/843/EU defines "virtual currencies" and classifies them as "means of exchange"
by Archelaos 4y ago
The legal classification in the EU should be interesting here. The directive 2018/843/EU defines "virtual currencies" and classifies them as "means of exchange" (in contrast to "fiat currencies" and "legal tender"):
“virtual currencies” means a digital representation of value that is not issued or guaranteed by a central bank or a public authority, is not necessarily attached to a legally established currency and does not possess a legal status of currency or money, but is accepted by natural or legal persons as a means of exchange and which can be transferred, stored and traded electronically;
Source: https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32018L0843 https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CEL...