EU to crack down on 'Wild West' crypto market with landmark new rules 

Mark Battersby
clock • 1 min read

Officials from the European Union have agreed on a landmark law that will require crypto issuers and service providers to have a licence under a new single regulatory framework.  Stefan Berger, European Parliament member and rapporteur for the MiCA regulation — the person appointed to report on proceedings related to the bill — broke the news on Twitter, saying that a "balanced" deal had been struck, which has made the EU the first continent with crypto-asset regulation. Known as the Markets in Crypto-Assets (MiCA) framework, the provisional agreement includes rules that will cover is...

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