Legal News

FMLC responds to Commission consultation on EU cryptoasset framework

Published on: 18 March 2020
Published by LNB News

LNB News 18/03/2020

Document Information

Issue Date: 18 March 2020

Published Date: 18 March 2020

Jurisdiction(s): United Kingdom

Article summary

The Financial Markets Law Committee (FMLC) has published its response to the European Commission’s consultation on an EU framework for markets in cryptoassets. The FMLC’s response is set out in two complementary reports. Part I comprises comments on the classification of cryptoassets. Part II comprises comments—gathered with the advice of members of the Fintech Scoping Forum—in response to the section of the consultation dealing with cryptoassets which fall within the EU regulatory perimeter.

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