EU Commissioner Reiterates Need For ‘regulating All Crypto-Assets’

📣 #EU Commissioner Reiterates Need For ‘regulating All Crypto-Assets’

👉 #MaireadMcGuinness, the Commissioner for Financial Services, Financial Stability and Capital Markets Union at the #EuropeanCommission, is moving forward with a discussion on regulating cryptocurrencies amid three major events in the space.

👉 Mairead McGuinness said that she planned to discuss a compromise through the #MiCA proposal currently under review in the #EU.

👉 In written remarks for a speech in #Brussels on Tuesday, #McGuinness said the recent market movements show the need for crypto-asset regulation in the #EuropeanUnion.

👉 She added that ongoing concerns about crypto potentially being used to circumvent sanctions on #Russia were also a factor.

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