Financial regulator News

The European Union is set to vote on the Markets in Crypto Assets (MiCA) proposal, aiming to establish a legal framework that will regulate the cryptocurrency industry and rebuild trust after high-profile collapses.

The U.S. Securities and Exchange Commission is taking a closer look at decentralized finance (DeFi), raising concerns about the potential stifling of innovation.

Financial Market Supervisory Authority (FINMA), the financial regulator in Switzerland, has published new guidelines indicating that it will start treating some tokens sold during Initial Coin Offerings (ICOs) as securities. FINMA issued a press release on February 16 saying that…