🚀 Cardano leads the MiCA compliance race, showing the charm of green blockchain! 🌿
Hey, the following news I want to talk to you about is the latest developments in the market regulated by the MiCA Act! According to reports, Europe has just introduced the MiCA bill. The main provisions of the bill are that when various cryptocurrency projects submit applications for listing, they will focus on the energy and resource consumption of their chain operations.
It is reported that as soon as the MiCA bill came out, Cardano immediately responded positively and submitted a compliance report about its ecosystem.
We all know that Cardano, as a blockchain using the Proof of Stake (POS) mechanism, has significantly lower energy and resource consumption compared with Proof of Work (POW) chains. It is also reported that Cardano is the most energy-efficient chain among all POS chains, which is why it is fully compliant with MiCA legal regulations.
There is reason to believe that the introduction of the MiCA law not only adds transparency to the European market, but also helps us screen out non-compliant and fishy projects. This sets a good example for the entire cryptocurrency market!
At the same time, everyone is now staring at the United States to see when it will introduce regulatory bills like MiCA. If the United States also joins this transparent team, then the globalization of cryptocurrency will really be just around the corner!
Let us pay attention together and witness the future of cryptocurrency becoming more transparent, more compliant, and more global!