🇪🇺 EU financial regulator to address off-shore crypto companies
The European Securities and Markets Authority is responsible for establishing implementation details on the Markets in Crypto-Assets (MiCA) regulation, which is expected to be enacted in 2024 at the earliest. activities of off-shore crypto companies operating in the EU are under a microscope for the bloc's regulators.
The issue of reverse solicitation surfaced in last week’s FTX hearing at the European Parliament. Steffen Kern, head of the risk analysis and economics department at ESMA, said that reverse solicitation is a “particularly pronounced problem” in crypto and is a matter of concern for the regulator. EU are expected to continue playing a dominant crypto-market role.
Source
https://t.me/Bitcoin_NewsTg
Crypto Mint
The European Securities and Markets Authority is responsible for establishing implementation details on the Markets in Crypto-Assets (MiCA) regulation, which is expected to be enacted in 2024 at the earliest. activities of off-shore crypto companies operating in the EU are under a microscope for the bloc's regulators.
The issue of reverse solicitation surfaced in last week’s FTX hearing at the European Parliament. Steffen Kern, head of the risk analysis and economics department at ESMA, said that reverse solicitation is a “particularly pronounced problem” in crypto and is a matter of concern for the regulator. EU are expected to continue playing a dominant crypto-market role.
Source
https://t.me/Bitcoin_NewsTg
Crypto Mint