AFME Calls for pan-European Crypto Asset Taxonomy
The industry body has urged EU lawmakers and stakeholders to become leaders in delivering a common regulatory framework for digital assets.
The Association for Financial Markets in Europe (AFME) wants the financial services industry to adopt a pan-European crypto asset taxonomy to act as the first step in achieving a common EU regulatory framework.
The industry body, which represents firms in the European wholesale market, says that a harmonized taxonomy would provide an equal understanding of crypto assets for the EU bloc and enable firms to more easily collaborate and engage in trading digital assets.
“One of the key reasons
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