European Regulation of Digital Assets: ADAN Presents Its Vision to the Commission

The Adan has submitted a response to the European Commission’s consultation on “crypto-assets.” The Association thanks the European Commission for this opportunity to share its vision of the digital asset industry and its future, as well as its views on how effective European regulation of these assets should be designed. The full response to the consultation is available below. Written entirely in English, this document includes, in particular:

• a definition of a digital asset
• A Guide to Classifying Digital Assets
• the association's opinion on:
  • the benefits of establishing regulations at the European level
  • The Risks and Benefits of "Stablecoins"
  • Regulations governing digital asset service providers
  • key cross-cutting issues (market integrity, anti-money laundering and countering the financing of terrorism, consumer and investor protection, supervision)
  • Blockchain-based securities and the adaptation of the European regulatory framework for markets and securities.