2023-4-13 13:35 |
The landmark crypto licensing framework and funds transfer rules will likely be rubber-stamped next week as last-minute upsets now seem unlikely. origin »
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The election for new members of the European Parliament starts June 6, with results expected on June 9. The more than 700 MEPs shape and decide on new laws, and will be voted in as the EU's landmark Markets in Crypto Assets legislation starts coming into effect.
The final version of the bill's text, reviewed by CoinDesk in July, revealed that it contained a smart-contract kill switch clause.
Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the kill-switch, according to a final version of the text seen by CoinDesk
The ECB wants the CBDC to be universally accepted, and usable by those without bank accounts, the central banker said
A Thursday vote sealed the deal on the long-awaited crypto law, but there’s still plenty of details to settle.
The vote clears the way for landmark MiCA regulation to take effect in 2024.
Leaders of the European Parliament’s largest political groupings indicated they’ll support the landmark MiCA law ahead of a vote Thursday