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EU’s Crypto Legal Framework Inches Towards Law With Finance Ministers’ Sign-Off

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NEW: Finance ministers of the EUCouncil unanimously approved the Markets in Crypto Assets regulation (MiCA) and anti-money laundering rules that could make it one of the first major jurisdictions to regulate the sector. By jackschickler, iamsandali

The EU’s Council, which represents 27 member states, the Markets in Crypto Assets regulation , making the bloc set to be the first major jurisdiction in the world with a crypto licensing regime. It also agreed new anti-money laundering measures on crypto funds transfers.

 

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