Members of the committee passed the crypto framework policy in a vote of 28 in favor and one against, with a final vote expected with the full Parliament soon.
Policymakers with the European Parliament Committee on Economic and Monetary Affairs, or ECON, have approved the Markets in Crypto-Assets framework în urma unui vot from the European Council.
In an Oct. 10 tweet, ECON member Stefan Berger confirmat the committee had accepted the MiCA legislation, a result of trialogue negotiations between the EU Council, the European Commission and the European Parliament. Members of the parliamentary committee passed the crypto framework policy in a vote of 28 in favor and one against, with a final vote expected in a full European Parliament session soon.
Wieder einen Schritt weiter…Das Ergebnis der Trilog-Verhandlung zu #MiCA wurde vom ECON-Ausschuss angenommen. Gute Nachrichten https://t.co/z73pkZMYvO
— Stefan Berger (@DrStefanBerger) Octombrie 10, 2022
The MiCA proposal, first introduced to the European Commission in September 2020, aims to create a consistent regulatory framework for cryptocurrencies among the 27 European Union member states. Following legal and linguistic checks, Parliament approving the latest version of the text, and publication in the official EU journal, the crypto policies could go into effect starting in 2024.
“It is important to ensure that the [European] Union’s financial services legislation is fit for the digital age, and contributes to a future-ready economy that works for the people, including by enabling the use of innovative technologies,” a spus textul MiCA din 5 octombrie.
Related: MiCA and ToFR: The EU moves to regulate the crypto-asset market
Following the MiCA vote, members of the EU Parliament also overwhelmingly aprobat a provisional deal on the Transfer of Funds Regulation — legislation aimed at having compliance standards for crypto assets in an effort to crack down on money laundering. The two regulatory frameworks, if given final approval, would apply to member states with the EU but poate servi drept exemplu for global lawmakers on crypto.
Source: https://cointelegraph.com/news/european-parliament-committee-passes-mica-crypto-framework-in-landslide-vote