Europe sets global benchmark for crypto regulation.
- MiCA approved by European Parliament
- Clear rules for stablecoins, exchanges
- 2024 rollout begins
What’s Happening
The Markets in Crypto-Assets (MiCA) framework was officially adopted by the EU, aiming to regulate crypto without stifling innovation.
Why It Matters
This could attract global projects seeking clarity and legal certainty. It also pressures the US to speed up its regulation efforts.
Market Impact
European exchanges like Bitstamp welcomed the rules. Some DeFi protocols may face new KYC challenges.
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