Vytautas Zabulis News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The European Union’s proposed Markets in Crypto Assets (MiCA) Regulation will bring new opportunities for crypto-asset service providers (CASP), the CEO of one such company believes. In the European Union, digital assets are currently regulated through a combination of the Fifth Anti-Money Laundering Directive (5AMLD) and member state regulations. 5AMLD contributes legal clarity by laying out compliance requirements and preventing money laundering and terrorist financing, while member states produce regulations which govern CASPs. Vytautas Zabulis said 5AMLD and the state-specific rules laid a good foundation upon which MiCA can build. “Working under existing regulations definitely helped us to be recognized as a trusted and legally responsible company confident and trustworthy relationships have been built with our customers due to the regulatory compliant nature of our business model and values,” said Zabulis. “However, the lack of a unified licensing framework across

Vytautas zabulisEuropean unionCrypto assetsFifth anti money laundering directiveEuropean economic areaஐரோப்பிய தொழிற்சங்கம்கிரிப்டோ சொத்துக்கள்ஐந்தாவது எதிர்ப்பு பணம் சலவை உத்தரவுஐரோப்பிய பொருளாதார பரப்பளவு