Crypto Consultation - the European Commission's Proposal for an EU Crypto Framework
16 March 2020
The European Commission launched a public consultation aiming to establish a European framework for regulating cryptoassets in December 2019. The consultation is the first step towards establishing a regulatory framework designed to facilitate the deployment of the new technologies “within safe and ethical boundaries”, i.e. ensuring that potential risks are adequately monitored and mitigated. The cryptoasset consultation is running in parallel with a consultation on digital operational resilience, which together mark the first steps towards a new Digital Finance Strategy for the EU.
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