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.
Regulators in the European Union and the United States met at the Joint Financial Regulatory Forum to exchange their views on topics of mutual interest as part of their regular financial regulatory dialogue.
The first step to classifying a digital asset, as laid out by the FSMA, is determining if they are "incorporated into an instrument" or if they are fungible or exchangeable.
On July 4, members of the European Parliament proposed new amendments to the EU's anti-money laundering legislation which would bring NFT exchanges within the bloc's new AML/CFT framework.
Mairead McGuinness says that the Ukraine-Russia conflict, Terra’s $58b collapse, and Celsius withdrawal halt all point to the need for the quick passage of MiCA.
Officials of the EU are kicking against the proposal to ban digital currency services. According to reports, some officials state that there are serious doubts about maintaining a blacklist.
The European Parliament’s economic and monetary affairs committee has voted to exclude the provision in the Crypto Assets (MiCA) framework that would have banned proof of work mining.
