Market in Crypto Assets (MiCA) is a framework that came into force in June 2023 to regulate the crypto market across Europe.
The crypto market has left its wild wild west days behind, and it is in the process of embracing regulations. This means that the existing blockchain and crypto infrastructure will either have to revamp itself to meet compliance requirements or retire from the market. E-Money Network is one of the world’s first blockchains to comply with the European Union’s MiCA regulations and this is a big win for Web3.
The crypto market has left its wild wild west days behind, and it is in the process of embracing regulations. This means that the existing blockchain and crypto infrastructure will either have to revamp itself to meet compliance requirements or retire from the market. E-Money Network is one of the world’s first blockchains to comply with the European Union’s MiCA regulations and this is a big win for Web3.
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