The European Parliament adopts crypto-focused MiCA legislation

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The European Parliament adopts crypto-focused MiCA legislation
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Twice delayed, the final vote on MiCa in European Parliament has passed today. The first pan-European regulation was adopted by the Parliament.

According to Chainalysis, the specific provisions of MiCA related to stablecoins will come into force in July 2024, while others, including those on crypto assets service providers, will apply in January 2025.

THREAD: [1/6] Today, the EU Parliament voted to pass MiCA - the first comprehensive, EU-wide rules for crypto asset service providers and different crypto assets .

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