The View From Brussels: How the EU Plans to Regulate Crypto

The View From Brussels: How the EU Plans to Regulate Crypto
The European Union (EU) wants to regulate the digital asset industry; there are a number of bloc-wide initiatives already underway. The most comprehensive is a 168-page “Markets in Crypto-Assets” (MiCA) that would create an EU-level licensing framework for crypto issuers and service providers.But crypto regulations are only one part of a larger Web 3.0 governance strategy for the political and economic union of 27 nations.This feature is part of CoinDesk’s “Policy Week,” a forum for discussing how regulators are reckoning with crypto (and vice versa).According to Eva Kalli, a member of the European Parliament, the new proposals for digital assets,…