Up until a few years ago, legally speaking, cryptocurrencies were an unusual free-for-all in many European countries.

“There was no regulation at all,” Nicolette Kost De Sèvres, a partner at Mayer Brown in Paris, told Law.com International. “It is rare that we see in the legal field such grey areas.”

Source: https://www.law.com/international-edition/2022/05/15/cryptocurrency-regulation-in-europe-enters-new-phase/

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