Media

We provide well-informed investment information by accurately and quickly grasping the flow of the market.

Delio Curation

EU Finalizes Crypto Assets Legislation

2022.09.22

The European Union has finalized the full text of its landmark Markets in Crypto Assets (MiCA) regulation, crypto media channel CoinDesk reported on September 22.

 

A leaked document calls for EU law enforcement to prioritize "content over form" when enforcing the law. The "The Hash" panel examines the essential clauses that may apply to some assets classified as NFTs. The insider claimed that although the law is mostly finalized, the discussion is still underway. Additionally, the new bill will be excluded the part for NFTs regulation.

 

Meanwhile, despite a recent change in leadership, the U.K. stated that it still intends to develop into a crypto hub, drawing industry excitement. After Liz Truss took over as the UK Prime Minister, the local blockchain community hopes for innovation-friendly regulations that could push the U.K.’s cryptocurrency industry forward toward crypto expansion, focusing on the metaverse and Web3.

 

Recall, Liz Truss has become the UK's new prime minister after meeting the Queen at Balmoral on September 6.

 

Source: COINDESK

Fee policy for withdrawal of virtual assets

The following fees are charged when withdrawing virtual assets from Delio Bank.

Virtual asset type Transmission fee (Gas fee) Withdrawal fee
Bitcoin (BTC) Charged according to network conditions 2,000 won worth of Bitcoin
Ethereum (ETH) Charged according to network conditions 2,000 won worth of Ethereum
Ripple (XRP) Charged according to network conditions 1 XRP

· There is no fee for transfers within Delio Bank.

· No withdrawal fee is charged for virtual assets other than Bitcoin, Ethereum, and Ripple.

· Please check the transfer fee for virtual assets other than Bitcoin, Ethereum, and Ripple when withdrawing.