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Crypto industry faces uncertainty as EU MiCA deadline approaches#美联储何时降息? #宏观经济 #政策变更 The Markets in Crypto-Assets Authority (MiCA) is a comprehensive regulatory framework established by the European Union to regulate cryptocurrency and digital asset markets in member states. MiCA is supervised by the European Securities and Markets Authority and was approved by the European Parliament in April 2023. The regulatory framework is about to usher in a key deadline on June 30, stipulating that stablecoins issued in the region must pass stricter regulatory requirements. Phased rollout of MiCA implementation The implementation of MiCA is being carried out in stages, with the June 30 deadline primarily targeting crypto asset service providers and other entities operating in the crypto space. These entities must comply with certain requirements set out in the regulation, including registration and KYC/AML requirements, thus ending the transition period. Entities that do not comply may be fined and banned from operating within the EU until they meet regulatory requirements.

Crypto industry faces uncertainty as EU MiCA deadline approaches

#美联储何时降息? #宏观经济 #政策变更
The Markets in Crypto-Assets Authority (MiCA) is a comprehensive regulatory framework established by the European Union to regulate cryptocurrency and digital asset markets in member states. MiCA is supervised by the European Securities and Markets Authority and was approved by the European Parliament in April 2023. The regulatory framework is about to usher in a key deadline on June 30, stipulating that stablecoins issued in the region must pass stricter regulatory requirements.
Phased rollout of MiCA implementation
The implementation of MiCA is being carried out in stages, with the June 30 deadline primarily targeting crypto asset service providers and other entities operating in the crypto space. These entities must comply with certain requirements set out in the regulation, including registration and KYC/AML requirements, thus ending the transition period. Entities that do not comply may be fined and banned from operating within the EU until they meet regulatory requirements.
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