Article

【Members of the European Parliament Push to Include Crypto Assets in the Anti-Corruption Agenda】

Members of the European Parliament called on the European Commission to include corruption risks related to crypto assets, opaque ownership structures, and digital tools in its forthcoming anti-corruption strategy. On Thursday, the European Parliament adopted a nonbinding resolution outlining the strategy’s policy priorities. MEPs also called for stronger measures to trace, freeze, confiscate, and recover the proceeds of crime, as well as improved rules on public procurement, conflicts of interest, lobbying, and political financing, alongside stronger protections for whistleblowers and investigative journalists. The European Commission plans to adopt its first anti-corruption strategy by the 2026 end of the year. The strategy will supplement the May EU anti-corruption directive that entered into force, which harmonized the definitions of corruption offenses and minimum penalties across member states.