European Financial Watchdogs Ask For Cryptocurrency And ICO Regulations

The EBA looks to even the playing field across the EU, while the ESMA worries about mass crypto adoption. The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) have both published reports today, January 9, calling for a European Union-wide approach to cryptocurrency and ICO regulation to help ensure investor protection….

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'EU-Level Action Needed' for Cryptocurrency, Says European Banking Authority

The European Banking Authority (EBA) is calling for standardized regulations for cryptocurrency operations within the EU. Europe’s banking watchdog believes such a move will eliminate unfair regulatory arbitrage while protecting investors across the bloc. A Common Monitoring Template The EBA conveyed its clamor for a regional framework for cryptocurrency regulations in a report published on Wednesday,…

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European Banking Authority Analyzes DLT Prudential Impact on Banks

EBA analyzed distributed ledger technology and its smart contract as part of report about Fintech effects on current business models. The European Banking Authority (EBA), one of the main regulatory agencies of the European Union, warned banks about prudential risks of distributed ledger technology (DLT) on trade finance and due diligence processes in a report…

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