The FinStbBoard, responsible for a swathe of post-2008 financial laws, could take the lead writing a new global crypto rulebook, its chair Klaas Knot has said. jackschickler reports.
, which are respectively responsible for developing anti-money laundering and tax rules for the sector.
It wouldn't have to start from scratch, Knot said, and would first consider the existing laws that already apply to crypto. "This will provide a basis for additional work to address risks not covered by these pre-existing standards," he said."Crypto asset markets of today are not operating in a lawless environment, or a barren regulatory landscape.", called for a"global agreement on crypto" to protect investors, safeguard stability and limit the environmental impact of bitcoin mining, and she seems to have found support within the bloc.
Global rules are"the right idea," EU lawmaker Stefan Berger, architect of the bloc's domestic crypto law known as MiCA, said at anThursday - Sunday, June 9-12, 2022
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