European Commission Has ‘Serious Doubts’ About Markets in Crypto Assets Draft, Report Reveals

European Commission Has ‘Serious Doubts’ About Markets in Crypto Assets Draft, Report Reveals


The European Commission disagrees with some provisions in the crypto regulatory proposal approved recently by the European Parliament. The executive arm in Brussels is unhappy with certain anti-money laundering measures, according to a media report quoting unofficial correspondence.

European Commission Working on Compromise Proposal for EU Crypto Rules

Europe’s upcoming Markets in Crypto Assets (MiCA) legislation is facing challenges in the trilogue stage, less than two months after the European Parliament voted on the draft. Since then, discussions have been underway with the other two parties in the European Union’s legislative process — the Council of the EU and the European Commission (EC).

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An unofficial letter seen by the German crypto news portal BTC Echo has indicated that the Commission does not agree with some

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