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22 Jul, 2021 08:38

What’s really behind the EU’s latest effort to regulate cryptocurrencies? RT’s Boom Bust wants to know

What’s really behind the EU’s latest effort to regulate cryptocurrencies? RT’s Boom Bust wants to know

The EU has proposed legislation forcing service providers to report cryptocurrency transactions of $1,000 or more. While officials claim the new regulations target illegal activities, the real reason behind them may be taxation.

Crypto analyst Christy Ai tells Boom Bust who’s being targeted by these latest proposals.

For more stories on economy & finance visit RT's business section

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