#CryptoRegulation

The European Union decided not to wait for the wild crypto market to devour itself and released the legendary MiCA — the first step towards an international 'order' in a world that previously had only blockchain, memes, and hope for freedom.

Now every CASP (if you are not a CASP — congratulations!) will have to:

🧱 have a charter capital,

🔐 protect clients' money (wow!),

🕵️ combat insider trading,

💼 have 'decent' management (in suits, apparently),

📚 regularly train employees,

💥 and, of course, ensure perfect cybersecurity (good luck!).

And tokens will be categorized by type

🍔 Stablecoins — under supervision, because fiat got offended.

🎟 Utility tokens — let them play.

💰 Asset tokens — well, maybe.

📈 Security tokens — only through special exchanges and with a prospectus, like on Wall Street.

Oh yes, and goodbye to anonymity! 🎭

Anonymous coins? Now they are like radioactive waste: you can touch them, but it's better not to.

NFT? DeFi? DAO? AML/CFT has already left, documents will be requested.

The 'Travel Rule' will ensure that no satoshi is left without a passport.

But now crypto will become 'safer', 'more attractive for investors', and 'less fun' 🪦