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Regulation

EU Lawmakers Push Crypto Onto Anti-Corruption Agenda

Members of the European Parliament called for crypto-asset risks to be addressed in the upcoming EU anti-corruption strategy.

EU Lawmakers Push Crypto Onto Anti-Corruption Agenda
Image: BullishMarketCap

Members of the European Parliament have called for crypto-asset risks to be addressed in the European Commission's upcoming anti-corruption strategy, according to Cointelegraph.

Anti-Corruption Strategy Focus

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According to Cointelegraph, MEPs stated that the Commission’s first EU anti-corruption strategy should specifically target risks associated with crypto-assets, opaque ownership structures, and digital tools. Furthermore, lawmakers called for stronger asset recovery measures as part of the broader legislative framework.

Commission Timeline

The European Commission plans to formally adopt its first-ever anti-corruption strategy by the end of this year.

Key Facts

  • MEPs urged the inclusion of crypto-asset risks in the Commission’s upcoming anti-corruption strategy.
  • Lawmakers also called for stronger asset recovery provisions.
  • The European Commission plans to adopt the strategy by the end of this year.
#EU#Regulation#Crypto

Source: cointelegraph.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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