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Euronews

Jakub Janas

Watch: The brand new European crypto regulations that global companies could potentially bypass

European Union Crypto Europe Brussels Donald Trump Euronews

The topic might be a bit complex so your reporter will do his best to safely walk you through it. Ready?

On 1 July, the EU’s landmark crypto rules took full effect. The execution was a total bust for crypto firms. Fewer than 1 in 5 of Europe’s 1,200 registered crypto companies secured a licence. And without it, they simply face shutdown.

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