Financial Services Financial Services

Cryptoasset service providers to need authorization, see liability rules under EU deal

By Kathryn Carlson
  • 01 Jul 2022 10:44
  • 01 Jul 2022 10:44
Service providers for cryptoassets will require an EU authorization to operate in the bloc and will be liable for investor losses under a political deal for new sector rules clinched by negotiators.

Representatives for EU governments and lawmakers reached agreement on the Markets in Cryptoassets Regulation late yesterday after negotiations began

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Kathryn Carlson

Financial Services Correspondent, Europe

Kathryn is a correspondent leading EU financial services coverage for MLex in Brussels. She previously covered energy and trade as a reporter for MLex, and has written for Reuters and The Times of London among other outlets. Kathryn holds a degree in English Literature from the University of Oxford and spent time working in Italy and France before making the move to Brussels.

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