![]() In addition, the new legal framework will support market integrity and financial stability by regulating public offers of crypto-assets.įinally, the agreed text includes measures against market manipulation and to prevent money laundering, terrorist financing and other criminal activities. Consumers would be better informed about the risks, costs and charges linked to their operations. Key provisions for those issuing and trading crypto-assets (including asset-reference tokens and e-money tokens) cover transparency, disclosure, authorisation and supervision of transactions. MiCA will cover crypto-assets that are not regulated by existing financial services legislation. The draft law agreed informally with the Council in June 2022 includes safeguards against market manipulation and financial crime. Plenary also gave its final green light with 517 votes in favour to 38 against and 18 abstentions, to new common rules on the supervision, consumer protection and environmental safeguards of crypto-assets, including crypto-currencies ( MiCA). Uniform EU market rules for crypto-assets The rules do not apply to person-to-person transfers conducted without a provider or among providers acting on their own behalf. ![]() The law would also cover transactions above €1000 from so-called self-hosted wallets (a crypto-asset wallet address of a private user) when they interact with hosted wallets managed by crypto-assets service providers. Information on the source of the asset and its beneficiary will have to “travel” with the transaction and be stored on both sides of the transfer. The so-called “travel rule”, already used in traditional finance, will in future cover transfers of crypto assets. The text –which was provisionally agreed by Parliament and Council negotiators in June 2022- aims to ensure that crypto transfers, as is the case with any other financial operation, can always be traced and suspicious transactions blocked. The Light Pad no need to install any software, you just need to insert the plug we enclosed, turn it on then you can start your creative work.On Thursday, MEPs approved with 529 votes in favour to 29 against and 14 abstentions, the first piece of EU legislation for tracing transfers of crypto-assets like bitcoins and electronic money tokens. The LED Light pad is designed for everyone whether you are an enthusiastic amateur or a professional artist. Eyesight-protected Technology is designed in it that's perfect for sketching, drawing,animation making,calligraphy and tattoo tracing. Huion use special acrylic surface, which makes it feel like a glass panel but much stronger than glass. With a compact and elegant design, Huion LED Light Box is considered to be the thinner light board in the field with only 7.33mm of thickness. And the multiple size A2/A3/A4are all available for your choice. The light Box comes with a simple touch button. You only need to touch the button, then you can turn on/off it and adjust the brightness as you want. The dimming is gradual, not in steps like low, medium, and high.Also, after you turn it off and restart it, it remembers your last setting and restarts at that setting.
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