EUROPE: EP Report on Proposed Regulation on Markets in Crypto-Assets

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EUROPE: EP Report on Proposed…

Friday March 25 2022

News Source: Fund Regulation

Focus: Crypto

Type: General

Country: European Union

On 23 March 2022, the European Parliament published the text (dated 17 March 2022) of the report adopted by its Economic and Monetary Affairs Committee on the European Commission’s legislative proposal for a Regulation on markets in crypto-assets (MiCA).

The purpose of MiCA is to create a regulatory framework for the crypto-assets market that supports innovation and draws on the potential of crypto-assets in a way that preserves financial stability and protects investors.

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