The European Union (EU) has formally adopted the Markets in Crypto-assets Regulation (MiCA) to establish a harmonized regulatory framework for Crypto-assets.
MiCA prioritizes consumer protection, the prevention of market abuse, and the maintenance of financial stability within the Crypto-asset market.
MiCA introduces uniform rules for Crypto-asset service providers (CASPs) across all EU member states, encompassing a broad spectrum of digital assets, including cryptocurrencies, stablecoins, and utility tokens.
MiCA seeks to stimulate innovation and enhance competitiveness within the European digital finance sector.
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