On Tuesday 16 May, at the Economic and Financial Affairs Council, EU ministers approved the ‘MiCA’ regulation to frame the crypto-assets market, as well as the revision of the ‘TFR’ directive on money transfers in order to include crypto-assets.
The ministers unanimously validated the provisional agreements with the European Parliament concluded under the French Presidency (see EUROPE B12983A7, B12984A3). “Recent events have confirmed the urgent need for imposing rules which will...