EU Watchdog EBA Details Big Crypto Fines as Landmark Laws Bite
CoinTelegraph·
60-second summary
The European Banking Authority is proposing a penalty framework that can strip non-compliant significant token issuers of up to 12.5% of their annual revenue, a move that reflects the EU's increasing regulatory grip on the crypto space.
The European Banking Authority laid out a proposed penalty framework on Friday that can strip non-compliant significant token issuers of up to 12.5% of their annual revenue.