Lawyers say a new regulation of markets in crypto assets will attract more crypto service providers to the 27-member bloc, as well as generate a wave of regulatory advisory work for law firms.
May 15, 2022 at 05:14 PM
7 minute read
Brussels Correspondent
Up until a few years ago, legally speaking, cryptocurrencies were an unusual free-for-all in many European countries.
“There was no regulation at all,” Nicolette Kost De Sèvres, a partner at Mayer Brown in Paris, told Law.com International. “It is rare that we see in the legal field such grey areas.”
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Cryptocurrency in the EU is facing further regulation. (Credit: Andy/AdobeStock)
