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Crypto & Bitcoin

EU authorities hone in on risks posed by and to digital assets

Reported by James Field, CoinGeek

Image: CoinGeek

TL;DR: EU authorities targeted digital assets on three fronts: ESMA gave MiCA -authorized crypto firms three months to stop serving non-compliant stablecoins, the ECB’s Piero Cipollone warned that delaying the digital euro could weaken monetary sovereignty, and Europol urged the digital currency industry to prepare now for quantum threats to wallets. A busy three days for European Union authorities saw the bloc’s finance watchdog call time on EU-authorized digital asset firms providing services in non-compliant stablecoins , a banking authority board member warn that the lack of a digital euro may pose a threat to monetary sovereignty, and the EU’s…

This is an excerpt. The reporting belongs to CoinGeek.

Read the full report on coingeek.com
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