The EBA's amended AML guidelines, the second landmark law passed after MiCA, will apply from December 30, 2024, with an aim to help digital asset firms identify risks and adjust their mitigation.
France backpedals with its proposed ban on restricting influencers from promoting digital asset products, with plans to work with the European Banking Authority and ESMA in revising the draft bill.
As Europe prepares for the MiCA enforcement, France is working toward ensuring PSANs' compliance by proposing sweeping changes to the country's regulatory framework.
The EBA is on the hunt for an individual with sufficient expertise in digital assets and one that could supervise financial institutions in an effort to ensure the smooth enforcement of the MiCA law.
European Banking Authority chairman José Manuel Campa envisions challenges in hiring and retaining the specialized staff that will be needed as there is high demand for such talent across the market.
