The EBA_News is worried about how it will enforce European Union crypto rules because it currently does not have the capacity to regulate the sector. By camomileshumba.
and once they are, some details will need to be fleshed out and more rules could come. Campa told the FT that in three years crypto may have"moved and transformed into other uses that I cannot anticipate."
The EBA is worried about planning the logistics of enforcing its new powers because it won’t know which cryptocurrencies it will supervise till 2025 nears, Campa told the FT. "My concern is more about making sure the risk we have identified ... is properly managed. If we don't do as well as we should have, we'll have to live with the consequences," he said.
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