US lawmakers seek guidance from EU and UK for crypto regulation.
TL;DR Summary
US lawmakers are looking to the European Union's Markets in Crypto-Assets (MiCA) framework and digital asset regulation in the United Kingdom as examples of effective crypto regulation, in contrast to the patchwork of requirements in the United States. Kraken's chief legal officer stated that the US regulatory environment is difficult to assess, and the company is investing in the EU and UK. Congress has scheduled several hearings in May to discuss digital asset regulation.
Topics:business#crypto-regulation#cryptocurrency-regulation#european-union#kraken#united-kingdom#us-lawmakers
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