The European Banking Federation (EBF) has published its views on the Commission’s proposal for a Regulation on Markets in Crypto-Assets (MiCA).
The main points within the response to the Commission’s consultation are the following:
– Harmonization and consumer protection;
– Classification and definitions;
– E-money tokens and third parties;
– Authorisation and passporting;
– Guarantee and reimbursement mechanisms;
– Liability requirements.