Europe’s Crypto Assets Regulation (MiCA) is seen as a significant step forward for the crypto industry. The MiCA is the world’s first comprehensive crypto regulatory framework, and it came into full force for crypto asset service providers as of December 30.

According to Dmitrij Radin, in the long term, the MiCA will have positive effects for the crypto industry. However, the regulation could mean increased scrutiny for retail investors and end users of crypto platforms.

How do you think the MiCA will affect the crypto market? Share your thoughts in the comments.