EU reaches agreement on final landmark crypto regulation

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The European Union has finalized its massive Markets in Crypto Assets regulation.

the news on June 30. The bill had been in trilogue debates, bringing the European Parliament, Council and Commission together to hash out a final compromise., France had been keen to complete trilogues on MiCA, as the French presidency in the European Council ends at midnight tonight.

The finalized version is not yet public and Berger's staff had not responded to a request for the bill as of publication time., which members of the Green and Socialist parties had been trying to push earlier in Spring. MiCA is the first regulation of its scale in the EU. Its rollout across regulatory agencies will take years.Kollen Post is a senior reporter at The Block, covering all things policy and geopolitics from Washington, DC. That includes legislation and regulation, securities law and money laundering, cyber warfare, corruption, CBDCs, and blockchain’s role in the developing world. He speaks Russian and Arabic.

 

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Of course, because money is power, and they lose it.

🤡🌎 ;'The new rules repeal the First Cash Control Regulation (CCR) from 2005, which requires individuals to declare sums over €10,000 when leaving or entering the EU.'

🤡🌎

doesnt even say fuck all...

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