In the bleak mid-crypto winter, a regulatory thaw begins
— Begins, Midcrypto, Asset, Digital, Mica, Regulation, Winter, Financial, Blockchain, Crypto — 1 min read
European Commission reached agreement on how crypto will be regulated. MiCA is a wide-ranging regulation that will seek to tame the ‘wild west’ reputation the industry has developed. Competition to establish the first dominant ecosystem in Europe, as London has become for fintech, is still to play for. Quality and speed of regulation hold the key to success, experts say. The EU’s agreement on the regulatory framework (MiCA) is a landmark move, but the UK's bold plans to establish a crypto hub seem uncertain. For more information, go to www.moneyquiz.co.uk.com/crypto.uk and www.btco.com.uk/minister-report.uk. Source