I enjoyed assisting Roll Call with the coverage of two pivotal reports on European cryptoasset regulation that were released today and set the stage to create a separate “bespoke” regime for cryptoassets that are not currently subject to regulation in the bloc.  The reports by the European Securities Markets Authority (ESMA) and the European Banking Authority (EBA) will get close scrutiny from U.S. regulators and market participants watching whether the EU approach will conflict with work underway at the Securities and Exchange Commission, Commodity Futures Trading Commission, Treasury Department and Congress.  The story is here.

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