'A tantrum. And an illegal one.’ Such was the description offered by a source close to a key European Commission policy adviser to the suggestion that the French regulator, Autorité des Marchés Financiers, would veto the passporting rights of a crypto-asset service provider newly approved by the Maltese regulator under Europe’s Markets in Crypto-Assets Regulation. At stake – despite the arcane-sounding nature of the dispute according to the source – is not just a supervisory land-grab, but the fundamental ability of Europe to innovate. The move comes in the context of wider efforts by national regulators which aim to ... (full story)