in the past weeks cryptocurrencies on arranging MICA The European Union Commission, which approved the bill, thinks that it is necessary to hurry on crypto regulations.
Speaking to the Financial Times Mairead McGuinness, chief financial services officer of the European Commission, He said that regulations on cryptocurrencies should be global.
EU commissioner urging US authorities to take action to ensure regulation for the crypto sector is global cryptocurrencies stated that it threatened financial stability.
“Cryptocurrencies are growing uncontrollably and are becoming an increasingly greater threat to financial stability.
That’s why there needs to be a global regulation on crypto.
We need to see it legislate in other countries that are keen to regulate for the crypto industry and we need to look at global crypto regulation.
The goal here is common: ‘Global regulation of cryptocurrencies’.
There is also uncertainty about what will happen if cryptocurrencies are not regulated and investor protection.”
He also met with many US deputies and crypto- EU commission member Mairead McGuinness, who stated that she had discussions on the issue, stated that she believes that US lawmakers are acting in the same direction with the EU on crypto regulations.
Mairead McGuinness held talks with Republican Senator Patrick McHenry and Democratic Senator Kirsten Gillibrand.
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