Regulators in the European Union are calling for stricter oversight of shareholders in cryptocurrency companies.
According to the proposal presented by regulators on Friday, individuals who have more than 10% shares in cryptocurrency companies should be whether they have been subjected to any sanctions And whether they were convicted or not will be looked at.
According to the cryptocurrency regulation called MiCA, which will come into force in the European Union in December 2024, individuals who legally manage cryptocurrency companies have a good reputation It is necessary. If the owners or managers of cryptocurrency companies do not comply with these criteria, the license given to that company reversible.
About this new proposal regarding the cryptocurrency industry until January 2024 comments can be made.
According to the statement made by ESMA, shareholders and board members of cryptocurrency companies, “has not been convicted of money laundering, terrorist financing or any other discreditable crime.” should be.