EU agrees rules to tame 'Wild West' crypto market

By Huw Jones and Tom Wilson

Technology
Thursday, 30 Jun 2022
2:16 PM MYT

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FILE PHOTO: Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration

LONDON (Reuters - Cryptocurrency companies will need a licence and customer safeguards to issue and sell digital tokens in the European Union under groundbreaking new rules agreed by the bloc to tame a volatile "Wild West" market.

Globally, crypto assets are largely unregulated, with national operators in the EU only required to show controls for combating money laundering.

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
PHB	0.005	0.010	0.005	0.005	0.000	0.00	1,976,183
HSI-CWGX	0.145	0.150	0.125	0.125	-0.025	-16.67	1,651,359
HSI-PWHI	0.235	0.265	0.230	0.265	0.025	10.42	1,480,810
HSI-CWGH	0.185	0.195	0.160	0.160	-0.035	-17.95	1,061,377
TWL	0.025	0.030	0.020	0.025	0.000	0.00	966,513
PHARMA	0.175	0.175	0.160	0.170	-0.005	-2.86	804,809
TANCO	0.835	0.845	0.835	0.840	0.005	0.60	637,314
EKOVEST	0.420	0.450	0.410	0.435	0.020	4.82	627,989
SENDAI-WA	0.010	0.035	0.005	0.020	0.010	100.00	606,659
TAWIN	0.015	0.020	0.015	0.015	0.000	0.00	519,773
NEXG	0.530	0.535	0.525	0.530	-0.005	-0.93	424,393
TRIVE	0.010	0.010	0.005	0.010	0.000	0.00	419,827
HSI-CWGS	0.060	0.065	0.045	0.050	-0.020	-28.57	382,097
ZETRIX	0.880	0.895	0.870	0.895	0.015	1.70	346,255
TOPGLOV	0.700	0.705	0.675	0.675	-0.010	-1.46	327,209

EU agrees rules to tame 'Wild West' crypto market

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