The European Union has proposed new regulations for crypto asset service providers, aiming to bring greater transparency and oversight to the industry. The proposed regulations, which were announced on June 22, 2026, would require service providers to register with national authorities and comply with anti-money laundering rules.
Regulations
The proposed regulations are seen as part of a broader effort by the EU to regulate the cryptocurrency industry. The regulations would apply to a wide range of service providers, including exchanges, custodian wallet providers, and trading platforms.
Service providers that fail to comply with the regulations could face fines of up to €100 million.
The EU is committed to creating a safe and transparent environment for crypto asset service providers to operate, said a spokesperson for the European Commission.