MEPs Push to Include Crypto Assets in Anti-Corruption Agenda

Odaily reports: Members of the European Parliament are calling on the European Commission to include corruption risks related to crypto assets, opaque ownership structures, and digital tools in its upcoming anti-corruption strategy. The European Parliament passed a non-binding resolution on Thursday outlining policy priorities for the strategy.

Lawmakers also called for strengthened tracking, freezing, confiscation, and recovery of criminal proceeds, as well as improved rules on public procurement, conflicts of interest, lobbying, and political financing, along with enhanced protections for whistleblowers and investigative journalists.

The European Commission plans to adopt its first anti-corruption strategy by the end of 2026. The strategy will complement the EU Anti-Corruption Directive that took effect in May, which harmonized the definition of corruption offenses and minimum penalty standards across member states. (Cointelegraph)