EU, UK regulators launch consultations on digital asset data reporting and wallets

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The post EU, UK regulators launch consultations on digital asset data reporting and wallets appeared first on CoinGeek.

With Apple Pay, Google Pay and PayPal being three of the most widely used digital wallets in the UK today, digital wallets have become an increasingly important touchpoint between big tech firms and UK consumers,” said Monday’s announcement.

The landmark MiCAR provides rules for offering and admission to trading asset-referenced tokens (ARTs), e-money tokens (EMTs), and other types of digital assets, as well as rules for those providing digital asset services in the EU.

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Article Details

Author / Journalist: James Field

Category: Crypto

Markets: CanadaIndiaUnited Kingdom

Topics: Business European Banking Authority EMTs Payments Systems Regulator Markets in Crypto Asset Regulation European Union Arts MiCA Financial Conduct Authority David Geale Nikhil Rathi Europe

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 11:00:18 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 896 words

Reading Time: 5 minutes read

Sentences: 27 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 21664082

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