Industry leaders and policymakers react to passage of MiCA in EU

Though a crypto-focused regulatory framework still needs approval from the European Council before final passage, many in the space have reacted positively to the Markets in Crypto Assets, or MiCA, bill moving forward.

On April 20, the European Parliament voted to pass MiCA after two delays starting in November 2022. The crypto framework aims to create a consistent regulatory framework for crypto assets among the European Union member states.

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