The collapse of crypto exchange FTX in November 2022 has reinforced the idea of a need for European regulation on markets in crypto-assets, according to MEPs on the Committee on Economic and Monetary Affairs.
For Stefan Berger (EPP, German), rapporteur on the proposed ‘MiCA’ regulation governing the European markets in crypto-assets (see EUROPE B13040A35), the responsibility for the collapse lies solely with Samuel Bankman-Fried, the founder of FTX, and governance failures, not with...