Markets in Crypto Act, MiCA regulation continues to be hailed as a watershed moment for the crypto space.
A new era for global crypto has begun and Europe, for a change, has just become the leading innovator in the industry.
MiCA saw the bloc become the first major global jurisdiction to have a comprehensive regulation framework for crypto.
Many within the digital assets space say the law offers a clear way forward for exchanges and other platforms, with investor protection measures clearly spelled out.
The passing of the MiCA regulation has created clear and unambiguous guidelines for crypto companies across the European mark. Most importantly, crypto investors now have far more security and won’t be left holding the bag when companies collapse due to dodgy business practices.
While some parts of crypto have an anti-government ethos, regulations are now a fact and resisting is no longer feasible.