EU Agrees on Landmark Crypto Authorization Law, MiCA

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BREAKING: EU policymakers have just agreed on landmark legislation MiCA to regulate crypto for the first time across the economic union. jackschickler reports from Brussels

European Union policymakers have struck a deal on landmark legislation to regulate crypto assets and service providers throughout the bloc's 27 member nations.

Stefan Berger, the parliamentarian in charge of seeing MiCA through the EU's complex legislative process,confirmation that policymakers had reached an agreement. The news was also hailed by the European Commission's Mairead McGuiness, as she left the talks which dragged on for nearly seven hours. “We're glad that we're leading on this,” she said, adding that “we do think there needs to be international cooperation because it's important that we don't regulate on our own.”, and there are recent signs that the Biden administration is considering its own stablecoin laws.

“No legislation is ever set in stone, and no legislation in the area of crypto could be,” McGuinness said. “Those who are in this space are thinking of being innovative will now do it in a way that sits within our regulation rather than in the Wild West.”

 

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You must know if zowki is unhappy, bitcoin falls. This is my 100 times experience. Many knows so he is hiding know. I submit a report to US cyber crime against him for his all dirty trick so he is busy. If bitcoin falls, other cryptocurrency falls. This my experience everytime.

Hopefully the USA can implement KYC for every exchange.

Every privacy coin will be halted for trading on all exchanges..

jackschickler MerlinXRP 😉

jackschickler Stable coins are a temporary gap filler. Govs don’t like their currency monopolies fucked with too much.

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