Ripple, Aptos, and Hedera Collaborate to Address MiCA Compliance Challenges for Crypto Firms
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DLT Science Foundation (DSF), a non-profit organization formed in 2023, has launched the MiCA Crypto Alliance in partnership with Ripple, Aptos Foundation, and Hedera. The initiative seeks to enable crypto entities to comply with the European Union’s Markets in Crypto Assets (MiCA) regulation.
According to a press release from DSF, the alliance will assist regulated crypto assets services providers (CASPs) in better complying with the EU crypto rules under the MiCA. They will enjoy access to shared resources, tools, and a global network of experts. European legislators passed the MiCA regulation in 2023, but part of it only became effective this year, and the full Act will become applicable until the end of 2024.
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