What are the new EU crypto rules?

Landmark new crypto rules were signed off on Tuesday by finance ministers of the European Union (EU). The EU’s Council, which represents 27 member states, unanimously approved the Markets in Crypto Assets regulation (MiCA), making the bloc set to be the first major jurisdiction in the world with a crypto licensing regime.

Are European countries regulating cryptocurrencies?

Some European countries, like Germany, already have basic crypto regulations. European Union states have given final approval to a sweeping set of beefed-up cryptocurrency rules, giving the 27-nation bloc a global lead in regulating the freewheeling sector.

Will Europe's 'first comprehensive set of rules' impose a catch-up on cryptoassets?

REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights May 16 (Reuters) - European Union states on Tuesday gave the final nod to the world's first comprehensive set of rules to regulate cryptoassets on Tuesday, piling pressure on countries such as Britain and the United States to play catch up.