Europe’s MiCA: Leading the Way in Crypto Rules
Europe’s Markets in Crypto-Assets Regulation (MiCA) is set to revolutionize the digital asset landscape by introducing the first comprehensive regulatory framework for cryptocurrencies. Aimed at protecting investors and providing regulatory clarity, MiCA covers a wide range of crypto assets and service providers within the EU. Its phased implementation, concluding in 2024, marks a pivotal step toward stabilizing the growing crypto market, driving innovation while addressing key risks. However, NFTs and decentralized finance (DeFi) remain largely outside MiCA’s current scope unless they resemble regulated assets.
Europe’s MiCA: Leading the Way in Crypto Rules Read More »