ESMA and the EBA publish documents considering the application of the EU regulatory regime to crypto-assets and ICOs.
Key Points:
..ESMA highlights the importance of taking a technology-neutral approach to regulation, to ensure that similar activities and assets are subject to the same or very similar standards regardless of their form.
..Neither ESMA nor the EBA believe that the crypto-assets sector raises financial stability issues, but they are concerned that it may pose risks to investor protection and market integrity...
Please see full publication below for more information.