New EU-Wide Crypto Regulation Coming!
Have you heard about the new Crypto regulations that are coming? Yana explains what they are and what they mean for Crypto companies. She believes the regulation will harmonize requirements from country to country with a single regulatory regime that will cover different types of crypto services. Yana shares that half of the regulatory document covers different kinds of stable coins, and she goes into detail about why that is important. Listen as Yana shares some core lessons and takeaways from her reading of the regulatory draft on this episode of Compliance That Makes Sense.
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Today’s episode:
- [00:34] Hello, my friends, and welcome back!
- [01:00] Yana explains the new EU-Wide regulations.
- [02:02] The idea of the regulation is to harmonize requirements.
- [03:31] Half of the document is describing different types of stable coins.
- [04:30] Yana discusses significant e-money tokens.
- [06:07] One major takeaway from the document is in crypto custody because until now, there have been no specific requirements.
- [09:03] Yana shares another thing she believes is important to know for the time being.
- [10:42] Yana circles back to the e-money stable coins tokenized asset idea.
- [13:30] Yana expects that most stable coins will be divided into one of two categories.
- [16:30] Yana feels like this will come into force in a year.
- [18:53] Yana hopes this has been helpful. Stay tuned for a future episode continuing this conversation.
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