MiCA will transform the EU into a crypto adoption hub this yea | 🔸️Ethereum | Bitcoin & Altcoin News

MiCA will transform the EU into a crypto adoption hub this year

Markets in Crypto-Assets Regulation (MiCA) was signed into law in June 2023, a framework for twenty-seven countries was finally in place. Although this was a landmark piece of legislation for a region that represents nearly twenty percent of the global economy, MiCA is serving as the beginning of a twelve to eighteen-month process of transition, transformation, and customization; that’s because MiCA includes a “substantial number of Level 2 and Level 3 measures,” as noted by the European Securities and Markets Authorities, that still must be developed and refined.

Source

ETH | BTC & ALTCOIN News