Pan-European crypto regulation is almost here: Law Decoded, Apr 17–24
Cointelegraph
Published Apr 24, 2023 12:45PM ET
Updated Apr 24, 2023 02:20PM ET
Last week, the Markets in Crypto-Assets Act, also known as MiCA, was finally passed by the European Parliament. While MiCA technically still has to be approved by the European Council, there’s little doubt that the world’s first comprehensive crypto framework will become a reality by 2024 or 2025.
Despite its flaws, the regulation will establish guidelines for the operation, structure and governance of digital-asset issuers. MiCA is “a milestone for the crypto asset industry,” as its rapporteur, Member of the European Parliament Stefan Berger, put it.
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Written By: Cointelegraph
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