EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to…

Bitcoin.com | Oct 19, 2022 at 6:00 AM
  • The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry.
  • Referencing the Markets in Crypto-Assets (MiCA) bill that will provide a regulatory framework for crypto across countries in the European Union, she stressed that any regulation imposed on the crypto industry would need to be global in order to work.
  • Senator Gillibrand and the pro-bitcoin Senator Cynthia Lummis introduced a comprehensive crypto bill titled “Lummis-Gillibrand Responsible Financial Innovation Act” in June.