Advertisement
AD

Main navigation

"Unacceptable Behavior": Crypto Lobby Condemns Community for Trolling EU Lawmakers

Advertisement
Thu, 7/04/2022 - 16:17
A
A
A
"Unacceptable Behavior": Crypto Lobby Condemns Community for Trolling EU Lawmakers
Cover image via stock.adobe.com
Read U.TODAY on
Google News

In a letter to members of the European Parliament (MEP) obtained by Politico, the European Crypto Initiative (EUCI) strongly condemned recent attacks on the lawmakers who voted in favor of clamping down on unhosted cryptocurrency wallets.

The EUCI calls such behavior "unacceptable," adding that it is committed to work that is "constructive" and "responsive."

Blockchain for Europe, another lobbying group, wrote that there is no place for verbal abuse.

Assita Kanko, a Belgian journalist and politician from the New Flemish Alliance, and Aurore Lalucq, a French economist and politician in the Place Publique party, were the main targets of racist and sexist attacks on social media since these two MEPs spearheaded the effort to make anonymous cryptocurrency transactions illegal.

As reported by U.Today, the European Parliament voted to effectively prohibit anonymity in crypto in late March. Crypto companies will be required to check the sender and recipient of every transaction regardless of its size.

Advertisement

Related
The new measure attracted scathing criticism within the cryptocurrency community, with some of the most prominent voices within the industry adding more fuel to the fire. In a tweet, Coinbase CEO Brian Armstrong opined that imposing KYC on anonymous transactions "eviscerates" all of the work in the realm of privacy law and policy that has been done by the EU.

However, it should be noted that the controversial amendments are not final. They will become the subject of the upcoming trilogue negotiations that could still make a difference.

Both Kanko and Lalucq have indicated that they want to have a constructive dialogue with the industry.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailboxSubscribe
TopCryptoNewsinYourMailboxSubscribe
Advertisement
Advertisement
Subscribe to daily newsletter

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD