European Banking Authority headquarters in Paris, symbolizing new crypto penalty framework under MiCA
Bitcoin News

EU Watchdog EBA Details Framework for Crypto Fines as MiCA Enforcement Intensifies

The European Banking Authority (EBA) published a consultation paper on June 26 outlining a standardized framework for penalizing issuers of significant digital tokens that violate the European Union’s Markets in Crypto-Assets (MiCA) regulation. The proposed penalties include fines of up to 12.5% of annual turnover for issuers of significant asset-referenced tokens and up to 10% […]