ECB: Crypto Assets don’t ‘currently pose an immediate threat’ to financial stability
ECB report examines recent developments in the crypto assets market and unfolding links with financial markets and the economy.
ECB report examines recent developments in the crypto assets market and unfolding links with financial markets and the economy.
Steven Maijoor also talked down development of a bespoke regulatory regime for crypto-assets during keynote speech in Brussels.
Platforms trading crypto-assets that qualify as financial instruments should be subject to the rules, but ESMA has advised a bespoke regime be implemented for firms trading crypto-assets outside of the MiFID scope.
Report on blockchain by EU regulator states certain regulatory requirements could become less relevant as blockchain technology progresses.