EC should conduct ‘comprehensive’ crypto analysis, says EBA
Regulator says crypto assets fall outside the scope of current EU financial services regulation
The European Banking Authority has advised the European Commission to undertake a “comprehensive” analysis of crypto assets to understand whether any “action” is required at the EU level.
The verdict, issued as part of an EBA report on crypto assets, is the latest to be published following the emergence of the assets over a decade ago.
But unlike similar reports which have been released in recent months, the European regulator has given its assessment on whether current EU law is capable of
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