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

