2
EU lawmakers approve world’s first comprehensive framework for crypto regulation
source link: https://fintechranking.com/2023/04/20/eu-lawmakers-approve-worlds-first-comprehensive-framework-for-crypto-regulation/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
EU lawmakers approve world’s first comprehensive framework for crypto regulation
In a vote Thursday, the EU Parliament voted 517 in favor and 38 against to pass the Markets in Crypto Act, or MiCA. The legislation, which seeks to reduce risks for consumers buying crypto assets, will mean providers can become liable if they lose investors’ crypto-assets.
The rules will impose a number of requirements on crypto platforms, token issuers and traders around transparency, disclosure, authorization, and supervision of transactions, the EU Parliament said in a statement Thursday.
Read more: CNBC
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK