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Policy

Blockchain Friendly Roberta Metsola Reelected as EU Parliament President

In 2018, as a member of the European Parliament for Malta, she called for regulation on crypto and blockchain when needed, without stifling innovation.

Updated Jul 17, 2024, 3:45 p.m. Published Jul 17, 2024, 3:42 p.m.
16:9 Roberta Metsola (Photo by Pier Marco Tacca/Getty Images)
16:9 Roberta Metsola (Photo by Pier Marco Tacca/Getty Images)
  • Roberta Metsola was reelected as the president of the European Parliament.
  • She once called for crypto regulation to come when needed without stifling innovation and was president during the passage of the EU's crypto bill, MiCA.

Roberta Metsola, a member of the European Parliament for Malta, was reelected president of the legislatureon Tuesday.

She received 562 of the 699 votes available and will hold the position for 2 1/2 years. She became president of the body in January 2022, following the death of her predecessor, and was previously vice president from November 2020. The president represents the parliament in all legal and international matters.

In 2018, as a Maltese MEP, she called for crypto and blockchain regulation when appropriate and without stifling innovation. She was also chosen by her party, the European People’s Party, to formulate their position on EU strategy for blockchain within the Committee of Civil Liberties, Justice and Home Affairs.

During her previous tenure, the EU's wide-ranging crypto rules package, the Markets in Crypto Assets (MiCA) became law. Stablecoin rules from the package recently went into force, while the rest of the rules are expected to apply by the end of the year.

Metsola's influence on policy, however, may be small.

"The EP President role is largely ceremonial/representative and so the role holder has limited input into EU policy processes," Mark Foster, the EU policy lead at the Crypto Council for Innovation, told CoinDesk.

Read more: Elections Across Europe Won't Hinder Bloc's Crypto Ambitions



Camomile Shumba

Camomile Shumba is a CoinDesk regulatory reporter based in the UK. Previously, Shumba interned at Business Insider and Bloomberg. Camomile has featured in Harpers Bazaar, Red, the BBC, Black Ballad, Journalism.co.uk, Cryptopolitan.com and South West Londoner. Shumba studied politics, philosophy and economics as a combined degree at the University of East Anglia before doing a postgraduate degree in multimedia journalism. While she did her undergraduate degree she had an award-winning radio show on making a difference. She does not currently hold value in any digital currencies or projects.

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