The #EuropeanUnionParliament has passed a proposed
law for the comprehensive #regulation of the
#cryptoindustry, known as #MiCA
In January, legislators postponed the final consideration
of the rules until April due to technical difficulties,
including the challenge of translating the almost 400-page
document into 24 official EU languages
With MiCA, #market participants will no longer have to
navigate 27 sets of different #nationalregulatoryacts.
simplifying the authorization process for crypto asset
#serviceproviders (#CASP) operating in the #EU's single
market, according to experts at Chainalysis.
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