On Thursday 24 September, the European Commission presented its strategy on digital finance, which will guide its actions until 2024 to “embrace digital finance for the benefit of consumers and businesses” (see EUROPE B12562A10). On the same day, it also tabled its long-awaited legislative proposals to put an end to the “wild west” of crypto-assets.
As expected, the Commission distinguishes between crypto-assets that are already governed by European legislation, as they can be...