- Maltese MEP Roberta Metsola has been reelected to the EU Parliament
- She will be President of the European Parliament for another 2.5 years
- She actively promotes the adoption and regulation of cryptocurrencies
- However, her power is limited, and her influence may be indirect
Pro-Crypto MEP Roberta Metsola has been reelected as President of the European Parliament for another 2.5 years, which should be good news for crypto regarding the European jurisdiction.
Roberta Metsola has made significant contributions to the adaptation of cryptocurrencies.
As early as 2018, she pushed cryptocurrency and blockchain regulatory initiatives, insisting on striking a balance between openness to innovation and regulation for security. This was aimed at satisfying both the parties actively seeking to adopt cryptocurrencies and those who feared their uncontrolled circulation in the EU.
What Exactly Are Her Accomplishments, and What Can We Expect Next?
Roberta Metsola played an important role in developing the European People’s Party’s blockchain strategy for Europe.
She was also involved in adopting the EU’s crucial Markets in Crypto Assets (MiCA) regulation package.
Of course, the impact of the MEP’s role is limited, which probably makes her previous record all the more telling and future prospects quite encouraging. However, it is also worth remembering that the role’s limitations do not allow it to advance initiatives as effectively as many would like.
However, this could be very good news for many waiting for more crypto adoption in the EU.
Let’s keep an eye on Roberta Metsola’s new initiatives and the success of their implementation.
