European Parliament terminates crypto-friendly Eva Kaili's term of office

International Policymaking • December 13, 2022, 8:11AM EST

Quick Take

The European Parliament voted to terminate crypto-friendly vice-president Eva Kaili’s term of office by a double majority.
Kaili was leading a report on NFTs that was slated to come out in the weeks ahead.

The European Parliament voted to terminate crypto-friendly vice-president Eva Kaili's term of office by a double majority.

625 votes favored Kaili's termination, while only one voted against and two abstained. The action was unanimously approved today after the Conference of Presidents triggered the procedure.

Kaili's termination results from ongoing investigations involving some European Parliament members and staff.

"The Conference of Presidents is shocked and deeply concerned about the recent revelations on corruption and criminal influence in the decision-making processes in the European Parliament," a statement adopted by the Conference of Presidents reads, adding that "everyone involved must be held accountable."

Kaili was leading a report on NFTs that was slated to come out in the weeks ahead.

About Author

Adam is the managing editor for Europe, the Middle East and Africa. He is based in central Europe and was a managing editor and podcast host at the crypto exchange OKX's former research arm, OKX Insights. Before that, he co-founded BeInCrypto.com, which he elevated into one of the leading crypto media brands at its peak as the editor-in-chief. Earlier, he served as the editor-in-chief at Bitcoinist.com. Before joining the blockchain and crypto industry, he worked for Looper.com, Grunge.com and SVG.com. He tweets via @XBT002 and can be emailed at [email protected].