What You Should Know About The Latest MiCA Regulations Coming December
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Brace yourselves: more regulations are coming to an EU territory near you. The latest phase of MiCA (Markets in Crypto Assets) kicks in from December, and while the industry has had plenty of time to prepare, their passage will nevertheless necessitate some changes in the way crypto business is done.
For CASPs in particular – that’s Crypto Asset Service Providers – the next phase of the EU-wide regulations must be followed closely. They introduce rules concerning token issuing, enhanced AML requirements, and require all CASPs operating in the EU to have full authorization. Here’s what you need to know, whether you’re a crypto company or crypto user…
