EU to Consult on Crypto Complaints, Conflict of Interest Rules in July

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EU agency ESMAComms will consult on a swathe of new crypto rules next month as it prepares for the new licensing law MiCA. jackschickler reports.

The European Securities and Markets Authority will set out proposals next month for how the EU’s new Markets in Crypto Assets rules should work in practice, including the forms and notifications that crypto companies and established funds have to follow in order to offer services within the bloc.

A second tranche of consultations in October will consider disclosures of environmental impacts and may also cover trading transparency and governance requirements, while a third set due early in 2024 will look at market abuse and investor protection, ESMA said.on Friday after years of talks, and will allow crypto exchanges to operate across the bloc with a single license as of the end of next year.

 

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