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EBA warns talent shortage will hamstring crypto regulation

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finextra.com

With the steady increase in crypto investment among the general population, regulators are rolling out thorough guidelines to monitor digital asset markets and protect consumers.

However, major European regulators are encountering problems in filling positions to enforce crypto legislation. Chair of the European Banking Authority (EBA), Jose Manuel Campa, expressed that retaining talent is a “major concern…particularly in the areas of technology, anything related to crypto, digitisation…This is in high demand across society.” Campa mentioned that the ‘wild west’ nature of crypto makes the sector dynamic and hard to control.

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