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Upcoming High-Level EU Financial Policy Talks Could Steer Crypto Oversight: Source

Summary

Top European officials will discuss the future of crypto oversight in an April meeting of the Financial Services Committee. The meeting will focus on digital finance, including crypto assets and service providers. The EU aims to ensure proper application of financial services rules and strengthen supervisory powers. The pivotal Markets in Crypto Assets (MiCA) regulation, set to take effect in December, may undergo changes in a second iteration, potentially impacting decentralized finance (DeFi). The meeting is scheduled for April 10 to present feedback findings.