EU Crypto Regulation: New Legislation Coming Into Force & What Is Each EU Country Doing For MiCA

EU Parliament implements new cryptocurrency legislation to update MiCA.

How do these involve the FATF, AML and KYC?

When are the MiCA stablecoin regulations coming into force for the EU in 2024?

What are the cash payment limits for transacting with crypto in Europe?

Who will have free and immediate access to the ownership information of crypto users in the EU?

How are individual EU countries preparing to enforce MiCA? Are they using their central bank for this or other financial institution?

That is what I cover in this video.

It has never been more important to educate yourself financially.

Contact me here or via e-mail if you are interested in working with me:

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If you are interested in getting specific crypto tax advice based on your personal circumstances from a crypto tax company, please find below a direct link to enquire with Myna (part of Nephos Group), who offer this and who I am pleased to have partnered with.
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Chapters:
0:00 - Intro
1:30 - New EU MiCA Crypto Legislation
6:27 - MiCA in Individual EU Countries

Disclaimer:
The information contained in this video is for informational purposes only. Nothing shall be construed as financial advice. The content is solely the opinions of the speaker who is not a licensed financial advisor. The speaker does not guarantee any particular outcome. This is to confirm that I am not liable for any third-party services or interactions that you enter. Links included in this description may be affiliate links, for which I will receive a commission if you decided to purchase a service or product through that company.

#cryptoregulation
#eu
#crypto

[knowbs]

Funny how they can make laws so quickly when it involves personal wealth, but not personal freedoms and safety

[Bigg_Luvv]

What a bloke. Thanks 🙏🏽 forever my brother. I’ll be in touch as soon as I return

[noelg]

Prices go up but transactions limits never go up. That is against financial freedoms.

[Wigalot]

You should look at putting together a list of exchanges outside the FCAs durisdiction ;) It would make a beneficial and popular video.

[vthelastrun]

Thanks for the video you actually only one YTber that explains everything very clearly others just makes panic like idiots, thank you brother

[philliphewitt]

Great reporting great insight for an Australian early bird. Thankyou.

[Vosive]

Another example why EU is moving backward.

[Mark_bowles]

its ok for country to get into crypto, but haven the banks that control it is a very bad idea, people will look elsewhere to invest in crypto.

[EMoneyNetworkNZ]

Have you ever thought of doing a YT video on MiCA Compliant Blockchains such as E Money Network and others ?

[andreaskolokythas]

I am from EU. What do you mean by "cash payments up to 10.000 euros?" I can not trasnfer more to the bank and vice versa? I can not buy or sell more than 10.000 euros worth of crypro?

[MM-suew]

Regulation aka try very hard to keep the slaves skint and stick to fiat ponzi

[Khloo-lvtc]

Hello please can you tell me what platform I can use in uk for future trading??

[avaves]

What about Romania, Bulgaria, Albania, Serbia etc etc?

[jason]

Thanks for your content James. I'm from the UK and use a fca approved exchange to buy crypto. I completed the deposit of earnings questionnaire and can only invest no more than 10% of my earnings. In your opinion how strick is this limitation in the UK and if I happened to deposit a little more than 10% of my income, do I realistically risk all my assets being frozen or taken from me when I begin to take profits from my exchange and transfer large amounts of profit back into my bank in the height of the bull-run?. Most of my Crypto assets are currently in cold storage. I'm more than happy to pay my 10% capital gains tax, Just concerned as I understand banks in UK are generally not very crypto friendly. Any information on this would be greatly appreciated, many thanks 😊 🙏

[dineshmistry]

Fantastic update.... crypto space will benefit in EU from these regulations 💯💯💯

[CityCare-ftmo]

haris and trump support can make oraichain world first ai to 500$ mark my words.

[hendrikes]

YOU ARE TELLING NONSENSE BRO, AGAINST MONEY LAUNDERING, BECAUSE BITCOIN CAN'T BE CONTROLLED AT ALL NOW NOT NEVER NOT! THEN ONE SHOULD HAVE TO DESTROY BITCOIN ON THE NET, THEN IT IS POSSIBLE!