The European Parliament has approved a slate of commissioners who will be responsible for monitoring regulations around digital assets. While crypto did not stand out as a core topic amongst the roles, this group will ensure digital asset rules are implemented. The European Union (EU) was the first major jurisdiction in the world to establish a bespoke crypto legislative package last year. Stablecoin rules have already come into force, and the rest of the rules are expected to be implemented by December. The commissioners have also been tasked with exploring whether more regulation is needed and will have to decide whether to make the Distributed Ledger Technology pilot permanent and review a proposal for establishing a legal framework for the digital euro. Commissioners from Portugal, Finland, and France are expected to have some purview over crypto.



Other News from Today