🚀 The German parliament has passed the "Digitalization of Financial Markets Act," paving the way for MiCAR to take full effect on December 30! This new law not only updates Germany's cryptocurrency regulations but also designates BaFin as the regulatory authority, ensuring that EU companies can operate legally in Germany. Companies holding existing licenses will enjoy a transition period of up to 18 months, while Germany has chosen a one-year period. What do you think about the impact of this change on the market? Feel free to share your thoughts in the comments!