European Parliament approves the MiCA law
The law for Cripromactive Markets, MiCA, was approved this Thursday by the European Parliament to establish the regulations for this sector
The European Parliament, in its session this Thursday in Strasbourg, approved the MiCA law (Law for Crypto-asset Markets), with 517 votes in favor and 38 against, with 18 abstentions.
The MiCA law, which has been discussed previously, will allow the European Union to regulate the crypto industry in all member countries, with clear and precise regulations.
The main objective, after this decision, is to strengthen the fight against crimes such as money laundering or the financing of terrorist activities through the use of digital currencies.
According to Stefan Berger, spokesperson for the Group of the European People’s Party: “With the MiCA regulation, the European crypto-asset industry has a regulatory clarity that countries like the United States do not have.”
The reactions to the decision were immediate. Through the social network Twitter, managers of various exchanges and crypto investors highlighted the importance of creating regulations that provide security to people.
M.Pino
Source: es.beincrypto
(Reference image source: Traxer, Unsplash)
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