UK Unveils Regulatory Proposals for Crypto Industry. Among the proposals was a move that would strengthen rules targeting financial intermediaries and custodians that store crypto on behalf of clients. The proposals would also enforce tougher transparency requirements on crypto exchanges to ensure they publish relevant disclosure documents and set out clear admission requirements for trading digital tokens.
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EU Eases Requirements for Crypto Smart Contracts. Lawmakers in the European Parliament have amended their proposal on digital data, easing some of the onerous requirements for smart contracts. The committee on industry leading negotiations on the file will vote to adopt the text on Feb. 9. Then it will need to go through a plenary vote in Parliament, currently expected in March.
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