The US and the EU exchanged information on the regulation of cryptocurrencies and stablecoins
The leaders of the United States and the European Union discussed the rules for regulating cryptocurrencies and stablecoins at a joint forum last week. The meeting took place immediately after the EU issued a large-scale bill to regulate the cryptocurrency, MiCA.
The EU and the US exchanged views on cryptocurrency regulation policy, as well as on stablecoins and other issues during a joint financial forum in Brussels last week.
Representatives of the two governments met within the framework of the joint US-EU forum on financial regulation from July 13 to 14, the US Treasury Department reported. The participants discussed the new EU bill on regulation of crypto asset markets (MiCA), which was finalized at the end of June.
Among the EU participants were representatives of the European Commission and the European Banking Authority. Officials and employees of the US Treasury Department and agencies, including the Board of Governors of the Federal Reserve System and the Commodity Futures Trading Commission and the Securities and Exchange Commission, arrived from the American side.
The US also shared policy updates regarding the country's work with stablecoins and other digital assets. The participants "summed up the discussion of the development of potential digital currencies of the central bank." The forum is expected to reconvene early next year.
https://coin-signal.com/cryptonews/the-us-and-the-eu-exchanged-information-on-the-regulation-of-cryptocurrencies-and-stablecoins/
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