Last year the EU, a trading bloc of 27 nations, passed a wide-ranging, first-of-its-kind package for crypto called the Markets in Crypto Assets (MiCA) legislation. The rules allow crypto companies to operate across the EU if they secure a crypto asset service provider license in any member nation. The package is set to take effect for stablecoin issuers on June 30 and the rest of the legislation will be active by the end of the year.
Related posts
-
Crypto Exchange Archax Adds Tokenized Money Market Funds From State Street (STT), Fidelity and LGIM (LGEN)
“Tokenized real-world assets, and in particular funds, are really gaining momentum,” said Graham Rodford, CEO and... -
Pro Crypto Traders Are Leveraging IBIT Options to Bet on BlackRock’s Bitcoin ETF Doubling to $100: Observers
The bullish sentiment in the IBIT options is consistent with the noticeable activity in the $200,000... -
13 Regions Face Crypto Mining Ban Under Russia’s New Energy Policies
Russia’s governmental commission on electricity development approved cryptocurrency mining...