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MICA approved by the European Parliament
MICA approved by the European Parliament
Along with MiCA, the European Union has also adopted the TFR regulation, which requires Crypto-Asset Service Providers (CASPs) to collect data on participants in transactions.
The creators of the regulation claim that the MiCA will bring many benefits to the crypto industry and the EU economy, ensuring its leadership in the digital asset sector. During yesterday's debate, the last discussion before the vote, such an opinion was expressed, among others, by the main creator of the law - German MEP Stefan Berger. MICA will take effect in EU countries from the summer of 2024.
