Crypto market faces MiCA implementation in 2025
There are concerns regarding the readiness of many European countries, with less than 5% of crypto businesses fully prepared for compliance by the 2025 deadline.
The European crypto market is on the verge of a major transformation as the Markets in Crypto-Assets Regulation (MiCA) takes centre stage. The comprehensive framework aims to enhance transparency, anti-money laundering measures, and consumer protection, setting new standards for the industry. However, with the 2025 deadline approaching, concerns over readiness are mounting. Recent findings reveal that less than 5% of crypto businesses in countries like Poland, Czechia, and the Baltics are fully prepared, leaving many at risk of…
