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EU Lawmakers Push Crypto Onto Anti-Corruption Agenda

The European Parliament adopted a nonbinding resolution Thursday urging the European Commission to address crypto-linked corruption risks in its forthcoming anti-corruption strategy, due by the end of 2026.

Outputs

  1. European Parliament adopted a nonbinding anti-corruption resolution on Thursday by plenary vote

  2. EU anti-corruption directive entered into force in May, harmonizing definitions and minimum penalties across 27 member states

  3. Commission plans to adopt the bloc's first anti-corruption strategy by the end of 2026

  4. Resolution calls for stronger tools to trace, freeze, confiscate and recover criminal proceeds moved through crypto-asset networks

  5. Strategy will sit alongside the Markets in Crypto-Assets (MiCA) regime already in force for EU issuers and service providers

The European Parliament adopted a nonbinding resolution on Thursday urging the European Commission to incorporate cryptocurrency-related corruption risks into its first cross-cutting anti-corruption strategy, due by the end of 2026.

The vote places digital assets alongside opaque corporate ownership structures and investigative-tech shortfalls as priority areas for the executive branch, according to the text adopted in Strasbourg.

What is the resolution asking for?

The Parliament's resolution sets out a layered set of demands. Lawmakers want the Commission to:

  • Strengthen the EU's ability to trace, freeze, confiscate and recover criminal proceeds routed through digital-asset networks
  • Tighten rules on public procurement and grant disbursements, areas where corruption exposure has historically been highest
  • Harmonize member-state standards for conflicts of interest
  • Set common rules for political financing and lobbying across the bloc
  • Reinforce protections for whistleblowers and investigative journalists

Although the text does not bind the Commission, it represents the political baseline the Parliament expects the executive to reflect when it drafts the strategy in the months ahead.

How does this connect to the existing anti-corruption directive?

The forthcoming strategy is intended to complement, not duplicate, the EU's anti-corruption directive, which entered into force in May. That directive harmonizes definitions of corruption offenses and minimum penalties across all 27 member states. The Parliament argues the directive does not adequately address asset recovery in digital-asset contexts, and wants the Commission to use the strategy to close that operational gap.

Several EU officials have previously acknowledged the difficulty of tracing cross-border crypto flows, a friction that has complicated cooperation under the bloc's existing anti-money-laundering frameworks, including the Transfer of Funds Regulation. That regulation requires crypto-asset service providers to accompany transfers with originator and beneficiary information.

Why does the Parliament want this now?

Brussels has sharpened its focus on corruption following a series of enforcement actions and political-investigation cases across the bloc in recent years. Lawmakers contend that digital assets give corrupt actors new rails to move value quickly, while opaque corporate vehicles — including special-purpose entities and trusts registered in member-state jurisdictions — obscure ultimate beneficial ownership. The combination, the resolution argues, undermines the effectiveness of traditional investigative methods built around banking intermediaries.

The resolution also asks the Commission to study how emerging technologies, including transaction-monitoring analytics and chain-analytics tooling, can be deployed within existing legal boundaries to support asset recovery. That request sits alongside a wider push to give national Financial Intelligence Units and Asset Recovery Offices the technical capacity to follow crypto flows in near real time.

What does "asset recovery" mean here?

Asset recovery refers to the legal and operational tools authorities use to identify, freeze, seize and ultimately repurpose proceeds of crime, either for restitution or for the public purse. The Parliament's resolution treats the process as inherently cross-border. It asks the Commission to standardize how member states cooperate, regardless of whether the assets sit in a bank account, a corporate vehicle or a self-custodied wallet accessible only through private keys.

What happens next?

The Commission has committed to adopting the strategy by the end of 2026, giving the executive roughly twelve months to translate the Parliament's priorities into operational proposals. How those proposals intersect with the bloc's Markets in Crypto-Assets (MiCA) regime — already in force for issuers and service providers — will determine the regulatory footprint for European digital-asset firms and the technical obligations imposed on wallet operators, exchanges and custodians serving EU customers.

via europarl.europa.eu (Original)

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Senior reporter covering business strategy at Mempool Brief.

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