EU commissioner McGuiness says privacy, AML may look different from US under MiCA By Cointelegraph

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EU commissioner McGuiness says privacy, AML may look different from US under MiCA

Fintech needs to communicate better, according to a top European Commission (EC) financial official. People ask what the need for financial technology is, and the industry has answers, but “we need to talk about this outside ourselves,” Commissioner for Financial Stability, Financial Services and the Capital Markets Union Mairead McGuinness said on Oct. 13.

Appearing at DC Fintech Week, McGuinness shared observations about emerging financial technology from a European perspective and compared the situations in Europe and the United States.