European Crypto Initiative announces a successful end to crypto legislation discussions
Join Our Telegram channel to stay up to date on breaking news coverage European Union has been trying to come up with a foundation that would be used to build cryptocurrency laws and regulations, and according to the EU officials, the discussions are finally done, and the members have agreed on the final wording for the landmark crypto legislation. Now, they can start planning the next step and begin work on the Europe-wide regulatory approach. EU officials reached an agreement regarding crypto The EU ambassadors met this Wednesday, October 5th when they approved the so-called Markets In Crypto Assets (MICA) Regulation. The confirmation came from the committee chair, Edita Hrda, who said in a letter addressed to Irene Tingali, the chair of the Committee on Economic and Monetary Affairs of the European Parliament. Hrda noted that the Parliament’s and Council’s cooperation should allow for the approval of regulation on its first reading once it reaches the Parliament. Previousl