” measures to isolate crypto from the banking system, and now the EU’s Council – an arm of the legislature representing member states that would also need to agree the plans – appears amenable too.
“We find the commission paper a good basis to move forward,” said Mats Anderson, a Swedish diplomat, at an event in Spain to discuss the new rules. Anderson is the counsellor for financial services and markets at the EU representation of Sweden, which is currently chairing talks as the Council’s Presidency, and said his remarks were based on discussions with the bloc’s other 26 members.
Anderson then added that his reference to a European Commission paper had been a “Freudian slip,” after being gently rebuked for appearing to confirm the existence of a document that has never been officially published.