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EU lawmakers vote for more restrictive capital requirements on banks holding crypto

The Economic and Monetary Affairs Committee of the European Parliament has voted for measures requiring banks holding cryptocurrencies to set aside a punitive amount of capital.In a Jan. 24 notice, the European Parliament announced the committee had voted overwhelmingly in favor of amendments to its Capital Requirements Regulation and Capital

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EU Postpones Final Vote on MiCA Legislation Again Following Issues in Legal Document Translation

The EU deferred its final MiCA legislation vote for the second time in two months.The European Union (EU) has postponed the final vote on its Markets in Crypto Assets regulation (MiCA) until April this year. Due to a technical issue, the 27-member state intergovernmental union decided to defer the decisive

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EU’s McGuinness Urges Speedier Vote on Long-Delayed Crypto Laws

“Recent events have highlighted once again the importance of having adequate regulation of crypto markets” to protect client assets and the wider economy, McGuinness, commissioner for financial services, said in the letter to Irene Tinagli, chair of the European Parliament’s Economic and Monetary Affairs Committee, and Zbyněk Stanjura, the Czech

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EU Parliament to ‘Vote on Adopting the Regulation on MiCA’ — Expert Says Industry Needs Legal Clarity – Regulation Bitcoin News

In a recent statement, the European Parliament said its members would shortly “vote on adopting the regulation on markets in crypto-assets (MiCA).” According to the parliamentary body’s think tank, the envisaged regulations are expected to provide “legal certainty for crypto-assets not covered by existing EU legislation.” A crypto counselor, Paulius

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