Comprehensive Yet Incomplete: What MiCA Leaves Out of Crypto Rules

2023-8-27 14:30

The European Union’s Markets in Crypto-Assets (MiCA) regulation is the most comprehensive global crypto framework. However, it’s essential to understand that not all crypto-assets and activities fall under its purview.

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The world’s first comprehensive framework for crypto regulation has been approved by lawmakers in the EU.

The European Parliament has passed a comprehensive set of regulations aimed at the cryptocurrency industry, making it the first of its kind in the world. The legislation, known as the Markets in Crypto Act or MiCA, aims to reduce risks for consumers purchasing crypto assets by holding providers liable for any loss of investors’ crypto-assets.

2023-4-22 13:45