MiCA at the Door: How European Crypto Firms Are Getting Ready for Sweeping Legislation.
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The european union’s sweeping market in Crypto-assets (MiCA) legislation is slowly moving toward becoming law, and local crypto companies are getting ready for the change. The new regulations, which will be the law for all 27 EU member countries, apply stricter rules than are now in place in some european countries.
in addition to very detailed rules and limitations for stablecoin issuers, which coindesk has been covering in depth, MiCA demands an unprecedented level of transparency from crypto exchanges.
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