The European Parliament's Committee on Economic and Monetary Affairs has rejected the version of the draft Digital Assets Market Act (MiCA) that prevented cryptocurrencies based on Proof-of-Work (PoW) mechanisms.
The version of the law that will advance in the discussions within the European…
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MiCA
European Parliament suspended the discussion of regulatory framework on crypto assets
The parliamentarians of the European Union indefinitely suspended the vote on the regulatory framework for digital currencies that was scheduled to take place on February 28 and intended to approve a package known under the acronym MiCA,…
European Union differs application of law on crypto assets
The application of the MiCA (markets in crypto assets) regulation that legally supports the service of crypto assets in the market was deferred by the European Union for 2024 and referred to the Council of Europe, which groups the 27…