Reported 1 day ago
Regulators from France, Austria, and Italy have urged the EU to strengthen its oversight of crypto markets under the MiCA framework. They caution that inconsistent enforcement of the legislation could expose investors to unregulated risks. Proposals include direct supervision of major crypto service providers by the European Securities and Markets Authority, addressing loopholes with offshore platforms, implementing mandatory cybersecurity audits, and establishing a centralized filing system for token white papers. The regulators emphasize the need for swift adjustments to align with international standards and prevent fragmentation of the digital asset market.
Source: YAHOO