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EU

European Securities and Markets Authority (ESMA) Steps Closer to Finalizing Rules Under MiCA

The European Securities and Markets Authority’s (ESMA) report, which follows a consultation last year, includes proposals on information the regulator will require from firms for authorization under MiCA. The report also includes requirements for firms to establish intent to provide crypto services and intent to acquire crypto assets, along with how service providers should address […]

EU publishes final draft rules on complaints handling for stablecoin issuers

The European Banking Authority (EBA) published the draft rules on complaints handling procedures for issuers of Assets Referenced Tokens (ART) on March 13. EBA collaborated with the European Securities and Markets Authority (ESMA) to draft the regulatory technical standards (RTS). These regulatory standards are part of MiCA provisions on stablecoins. The European Banking Authority (EBA) […]

Frankfurt to Host New EU Money Laundering Watchdog Tasked With Monitoring Crypto

“We’re mitigating risks linked to large sums of money with an EU-wide limit of 10,000 euros for cash payments. At the same time, we’re addressing risks posed by crypto and the anonymity is enables,” Mairead McGuinness, European Commissioner for Financial Stability, Financial Services and Capital Markets Union said during a Thursday press conference on the […]

Upcoming High-Level EU Financial Policy Talks Could Steer Crypto Oversight: Source

The FSC, designed to promote policy coordination between EU states, is seeking feedback from its members on priorities and challenges for the next five years in digital finance, sustainable finance, competitiveness of the EU financial sector and economic security, according to the paper. Digital finance, which includes crypto assets and service providers thanks to robust […]