MiCA comes into effect and the crypto world has to adapt
🔹Few countries have made progress in implementing the law
🔹Some companies may be forced to halt certain services and even cryptocurrency operations
🪧 The new European legislation requires that all cryptocurrency transactions be registered, from those made on exchanges to those involving a self-custody wallet (which directly contradicts the philosophy of freedom and decentralization)
"This is a set of rules that determines how bitcoin (BTC) exchanges and other cryptocurrencies in the region will operate starting this Monday, December 30. This follows the changes that are already being implemented with the application (in mid-year) of the first phase of the MiCA law, focused on stablecoins" (Criptonoticias)