The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has published a draft report with regard to the Legislative Initiative Procedure 2020/2034(INL) on “Digital Finance: emerging risks in crypto-assets – regulatory and supervisory challenges in the area of financial services, institutions and markets”.
The iter for this legislative proposal has just begun. A Committee decision is awaited and this Draft Report is the first step. The rapporteur is MEP Ondřej Kovařík (Renew, Czechia).
Through this Draft Report, the aim is to put forward a legislative proposal for crypto-assets, to make a legislative proposal for cyber resilience and to propose a framework for digital onboarding.