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At least 10 countries in the European Union are finalizing or have finalised local legislation to facilitate the translation of MiCA regulations into local law
In a few months, the Crypto Asset Markets (MiCA) Regulations special project rules for stablecoin issuers will take effect first, followed by licensing and other requirements for companies across the cryptocurrency industry in December. The MiCA regulation was passed in 2023 after European Union governments spent three years developing a regulatory framework. Once it comes into force, each jurisdiction will have to translate the European Union-wide MiCA regulation into local law, choosing which ...
2024-04-29 12:46:25
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