The Parliament of the European Union on Thursday voted for a bill on the comprehensive regulation of the crypto industry MiCA.
Lawmakers pushed in January the final review of the rules to April due to technical problems, including difficulties translating the almost 400-page document into the 24 official EU languages.
According to Chainalysis:
“With MiCA, businesses will no longer have to navigate 27 different crypto regulatory frameworks.”
However, the supervision over crypto service providers will be carried out by local supervisory authorities.
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Only those companies in the industry with more than 15 million annual active users will be supervised by the European Securities and Markets Authority.
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The MiCA regulation was proposed by the European Commission back in 2020 and must be approved by the parliament and the EU’s Council to pass into law.
Источник: ru.ihodl.com
