The Virtual Currency And Financial Blockchain Technology. Current Trends In Digital Finance

We are currently witnessing a change in the financial system in the world, in the context of the emergence of over 850 virtual coins, coins that are not regulated at national and European level. Yet authorities like European Central Bank, International Monetary Fund, Bank for International Settlements, etc. have published several reports that have highlighted the risks of using such virtual currencies. Considering the context in which these virtual currencies have been issued, at the European level, there is the intention that virtual money to be regulated from the point of view of money laundering or terrorist financing by amending Directive (EU) 2015/849 of the European Parliament and of the Council on the prevention of the use of the financial system for the purpose of laundering money or terrorism financing. To this end, the European Central Bank (ECB) gave its opinion on the proposal for a directive of the European Parliament and of the Council amending Directive (EU) 2015/849 on prevention of the use of the financial system for the purpose of laundering Money or terrorism financing, and amending Directive 2009/101 / EC. The present paper aims at analysing the cryptocurrency issue in the context of current regulations.