EU MiCA regulations could impact Indian crypto industry

The European Union's (EU) Markets in Crypto Assets (MiCA) regulations are set to go into effect in 2024, and they could have a significant impact on the Indian crypto industry. MiCA is a comprehensive regulatory framework for cryptocurrencies, and it could make it more difficult for Indian companies to offer crypto services. The Indian government is still considering how to implement MiCA, but it is likely that the regulations will have a chilling effect on the Indian crypto industry.