EU lawmakers expressed continued support for the EU’s Markets in Crypto-Assets Act (MiCA) during a debate on Wednesday, suggesting that a final vote scheduled for Thursday could pass without a hitch.

It is reported that the main policy outline of MiCA was roughly released last year. The bill will allow cryptocurrency trading platforms and wallet companies to provide regulated services to users throughout the European Union, while imposing rigid requirements for stablecoin issuers to hold sufficient reserves.

As previously reported, the European Parliament's final vote on the crypto bill MiCA is expected to be postponed until April 20. A document released on Wednesday showed that only one expected amendment had been submitted before the crucial final vote. (CoinDesk)