🇪🇺 EU MiCA Implementation May Face Challenges as Member States Differ in Interpretation
#MiCA will take full effect on December 30, 2024, but Marina Markezic (@EuCInitiative) warns of potential confusion due to varying interpretations by EU member states.
⚠ Key issues include:
- Defining "fully decentralized" – Uncertainty persists on which projects/assets fall under MiCA.
- #nft classification – Lack of consensus could create regulatory gray areas.
These uncertainties could affect token issuance and lead to delistings on centralized platforms.