EU Banking Authority Proposes 12.5% Revenue Fines for Crypto Firms
The EBA unveiled a penalty framework targeting non-compliant crypto token issuers, with fines reaching up to 12.5% of annual revenue.
The European Banking Authority moved Friday to tighten its grip on the digital asset industry, releasing a proposed penalty framework that could cost non-compliant significant crypto token issuers up to 12.5% of their annual revenue. The announcement signals the EU's intent to enforce its landmark crypto regulations with serious financial consequences for firms that fall short of the rules.
The EBA's framework arrives as the European Union's Markets in Crypto-Assets regulation — widely known as MiCA — begins taking full effect, placing sweeping new compliance obligations on token issuers operating across the bloc. Firms categorized as significant token issuers face the steepest scrutiny and, under the proposed rules, the heaviest potential penalties.
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The severity of the proposed fines underscores how regulators are moving beyond simply writing rules and are now building the enforcement architecture needed to make those rules stick. A penalty tied to a percentage of revenue rather than a fixed cap means that larger, more profitable issuers face proportionally bigger consequences for violations.
For crypto firms operating in Europe, the message from Brussels is becoming increasingly clear: compliance is no longer optional, and the cost of ignoring that reality could be existential. Industry observers will now watch closely to see how the EBA finalizes the framework and whether it triggers a fresh wave of regulatory restructuring among token issuers.
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