An EU crypto regulation bill set to become legislated could see crypto influencers who don't disclose conflicts of interest charged with market manipulation.
on Reddit’s cryptocurrency subreddit suggests the community is also supportive, with the thread's top comment stating:
“Shilling certain projects and never taking responsibility for the losses they inflict upon people. It's about time those influencers get what they deserve.” Whilst MiCA is unlikely to be fully applicable until 2024, it seems very likely to pass, with Hansen even referring to it as a “pure formality” following the6/ Due to the August summer break in Brussels, it could take until the end of September/sometime in October until a final regulatory text is formulated and finalized.— Patrick Hansen
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