Stefano Capaccioli | Founding Partner at COINLEX

Regulation & law in the Bitcoin era: analysis and perspectives.

Bitcoin and cryptocurrencies are innovation permission-less: lawmakers and regulators did not expect this new paradigm. The first experiment to regulate failed (BitLicense), because did not consider the unique characteristics of the new ecosystem, new actors, and new typology of transaction. Starting from common principles and some property of bitcoin, the speech will focus on the effort made by European Union, particularly on European Court of Justice Case C-264/14 and the fifth Anti Money Laundering Directive and made by Italy.