MiCA: what the new crypto regulations 🇪🇺 will change (or not)

On Thursday, MEPs definitively adopted the MiCA regulation, which will provide a framework for cryptos in Europe. The Big Whale takes a look at what this legislation will change (or not) for the sector.

19.04.2023

This is the epilogue to a very long dossier. After more than two years of debate, this Thursday afternoon the European Parliament definitively adopted the MiCA (Markets in Crypto-Assets) regulation, which will give the European Union a framework for crypto-assets.

European deputies voted on the text in plenary session (every month) at the Parliament in Strasbourg. MiCA was overwhelmingly adopted, with 517 votes in favour, 38 against and 18 abstentions.

"This vote on crypto regulation is the culmination of a long process", Stefan Berger MEP (European People's Party, right), who led the negotiations on MiCA on the European Parliament's side, stressed on Wednesday during the session's debates.

Format

Analysis

Topic

Regulation

Author(s)