EU urges others to copy its rules for cryptoassets

Published by
Reuters UK

By Huw Jones LONDON (Reuters) – The rest of the world should copy European Union rules for cryptoassets to create a robust global approach that protects consumers and financial stability, the EU’s financial services chief said on Wednesday. The European Parliament is due on Thursday to rubber stamp the EU’s markets in cryptoassets regulation (MiCA), the world’s first comprehensive set of rules for the hitherto unregulated sector. EU states have already given their approval. The crypto sector has been rocked by the failure of crypto exchange FTX and other collapses, sending benchmark bitcoin pr…

Read More