September 24, 2020 The EU proposes a regulatory framework for cryptoassets.

The European Commission, the European Union’s executive branch, published its approach to regulating cryptoassets across all 27 member states. The bill, “Regulation on Markets in Crypto Assets” (MiCA) calls for a “bespoke regime for cryptoassets” that “…will ensure a high level of consumer and investor protection and market integrity, by regulating the main activities related to crypto-assets (such as crypto-assets issuance, wallet provision, exchange and trading platforms).”