The EU is set to fully implement the Markets in Crypto-Assets Regulation (MiCA) on December 30, 2024, but it may not go as smoothly as expected. 🤔

Marina Markezic, co-founder of the European Crypto Initiative (EUCI), pointed out that regulatory consistency will face challenges due to differing interpretations of the regulations by the 27 member states. In particular, there is still controversy surrounding the definitions of decentralization and NFTs when it comes to determining which projects and assets fall under MiCA's regulatory scope.

What impact do you think this will have on the market? Feel free to share your thoughts in the comments!