MiCA: Understanding European cryptoasset regulation 🌍💼
The European Union 🇪🇺 has adopted MiCA to regulate cryptoassets 🔐.
1. What is MiCA? 🤔
It is a regulation aimed at protecting investors 🛡️, preventing abuse 🚫 and encouraging innovation 💡.
2. Where does it apply? 🌍
In all EU 🇪🇺 and EEA countries.
3. Why? 🧐
To secure a growing market 🚀 while strengthening trust 🤝.
4. How? ⚙️
• Mandatory licenses 📜
• Increased transparency 🔍
• Strict monitoring 📊
• Reinforced protection 🛡️
5. Key dates 🗓️
• June 2024: Stablecoins 💶
• December 2024: Platforms 📈