EU reaches agreement on landmark MiCA regulation for crypto

EU reaches agreement on landmark MiCA regulation for crypto
The Council Presidency and European Parliament have settled on the Markets in Crypto-Assets (MiCA) proposal; ruling that crypto-asset service providers will require authorisation to operate in the EU, not including NFTs or media-related digital assets.
IS EVERYTHING ABOUT TO CHANGE? EU Agrees on Landmark Crypto Authorization Law, MiCA
Treatment of unbacked crypto-assets & stablecoins
Limits on the possibility to issue asset-referenced tokens (ARTs) used for payment purposes and e-money tokens (EMTs) referencing a foreign currency at a large scale in the EU€200 Mio in terms of volume of transaction/day
EU Crypto Regulation: Legal Text Under MiCA Finalized
The European Union has finalized the full text of its landmark Markets in Crypto Assets (MiCA) legislation. A leaked draft verified by CoinDesk urges EU enforcers to take a “substance over form” approach to the law. “The Hash” panel discusses the key provisions that could apply to some assets categorized as non-fungible tokens (NFTs).
EU Seals Text of Landmark Crypto Law MiCA, Fund Transfer Rules
The European Union (EU) has agreed upon the full legal text of its landmark legislation known as the Markets in Crypto Assets Regulation (MiCA), alongside a further law to reveal the identity of those making crypto payments. “The Hash” panel discusses what this means for crypto regulation.
Crypto regulation: EU agrees on first comprehensive framework for digital assets
#Crypto #regulation #EU
Yahoo Finance’s Jennifer Schonberger details the EU’s “Markets in Crypto-Asset” Law to regulate cryptocurrency exchanges, stablecoins, and protect investors from scams and hacks.
Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
WATCH HERE:
https://youtu.be/Sb179GLPNYE
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Cashay.com
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV