EU’s MiCA Crypto Licensing Regime Set for Approval as Lawmakers Signal Support

“As we have seen in current months, stringent guidelines and supervision are very a lot wanted,” the European Fee’s Mairead McGuinness stated, citing the collapse of crypto corporations FTX, Celsius Community and Voyager Digital and of the terraUSD stablecoin, and referring to provisions meant to guard shoppers, stop market abuse and curb cash laundering.