European Union (EU) will regulate cryptocurrencies. European Parliament is now moving towards finalizing its position on Europe’s Markets in Crypto Assets (MiCA) framework. People says that the next 24 hours will be crucial.
The MiCA regulation is said to offer a single license for crypto providers to operate across the bloc’s 27 member countries. But ofc, this will only pass into a law once governments and lawmakers agree on an identical document and EU is still considering how to regulate Bitcoin emissions and NFTs