Cryptoassets are dangerously unregulated and may give rise to criminal activities, according to two recent assessments published by the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA).
At the end of a suspenseful day, delegates from 27 EU governments meeting in the General Affairs Council chose to relocate the European Medicines Agency to Amsterdam and the European Banking Authority to Paris. EURACTIV France reports.
The European Commission has shied away from ranking which cities should host Europe's drugs regulator and banking authority after Brexit, saying the decision is up to the 27 member states which will remain.
European Union countries faced a deadline Monday to submit their bids to host the post-Brexit locations of key banking and medical agencies currently based in London.
EU officials claim there is growing support for a proposal to close the European Parliament’s expensive second seat in Strasbourg and to sweeten the deal by giving the French city the European Medicine Agency in return.
Public sector jobs in the United Kingdom and in the EU itself are far from safe from the uncertainty generated by Brexit. UK public services are already suffering and British civil servants could be put out to pasture by Brussels.