1
The European Union has been on schedule to implement MiCA by December 2024.
2
The body is reviewing many policies and introducing new ones for better security and transparency.
3
Recently, it said that the crypto company shareholders will be vetted for past conduct.
As the EU gets ready for MiCA implementations, new updates are cropping from various fronts. On Friday, the body announced something that will impact crypto company shareholders. It said that holders with more than 10% stake will be examined for previous convictions. They will be vetted under the bank-style rules proposed by EU regulators.
What Does This Mean For Crypto Company Shareholders?
The rule certainly indicates the government’s intention to keep a close eye on the firms. Especially, after the FTX scam, regulators have become more vigilant. Some distinguished C-level executives are currently in a court battle with the SEC. Along with FTX’s Sam Bankman-Fried,
We współpracy z: https://www.thecoinrepublic.com/2023/10/21/eu-banking-regulators-set-to-define-rules-for-crypto-shareholders/
