Home Mikuláš PEKSA

There are numerous points of the report we agree with. Unified and liberal European rules for virtual assets and openness towards new technologies in general. However, we are not able to support a report that uses scaremonger tactics and links virtual assets prominently to terrorism and overstates the threats they pose. We need virtual assets to act as digital cash, simple way for anonymous transactions, which are essential for personal and political privacy for European citizens. We have no need of disproportionate regulation that would force most of the users to work outside of European framework. And that is what is at stake if we base our policy on fear.

We decided to support this amendment because of the clear necessity of involvement of biggest companies in the transition effort. However, it is important to state that the amendment in question does not specify which companies should be subject to these proposals and regulations. Small and medium enterprises should be left out of the scope of these administrative requirements. Their participation in the transition should be wholly market driven (e.g. through ETS, carbon taxes and incentives etc.)