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EU’s MiCA Crypto Legal Framework Inches Towards Law With EU Council Finance Ministers’ Sign-Off

Altszn.com by Altszn.com
May 16, 2023
in Blockchain, Crypto, DeFi, Web3
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EU’s MiCA Crypto Legal Framework Inches Towards Law With EU Council Finance Ministers’ Sign-Off
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MiCA requires crypto firms such as wallet providers and exchanges to seek a license to operate across the bloc, and stablecoin issuers to hold suitable reserves. Its main features were politically agreed in June, but it’s been subject to administrative hold-ups. Major provisions take effect just over a year after it’s published in the bloc’s official journal, which is now likely in June or July.



Read More: www.coindesk.com

Tags: CouncilCryptoDeFiEUsfinanceFrameworkincheslawLegalMiCAministersSignOff
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