EU seeks deal on ground-breaking rules to regulate crypto
— Ground, Mark potterour standards, Late march level, Dado ruvic, Nft ), supervision, Tokens, Groundbreaking, Start date, Firms operating, Serve clients across — 1 min read
European Parliament and EU states meet to thrash out a deal on the markets in crypto assets (MiCA) law. Deal would put the EU ahead of the global regulatory pack by giving issuers of crypto assets a "passport" to serve clients across the EU from a single base. The United States and Britain, two crypto centres, have yet to approve similar rules. A deal is likely to focus on including only token-like NFTs in the scope of MiCA, with authorisation and supervision of crypto firms at member state level. A source involved with the talks said three issues remained: non-fungible tokens (NFT), supervision, and energy consumption.Crypto assets came under pressure after the collapse of TerraUSD Source