The Future of Crypto in Germany: MiCAR Implementation Challenges
Germany finds itself grappling with a significant regulatory challenge as the European Union’s ambitious Markets in Crypto-Assets Regulation (MiCAR) comes into effect. The collapse of its ruling coalition has left the country without the legislative framework necessary to fully implement MiCAR, creating a regulatory void that jeopardizes its role in the fast-evolving digital finance sector. This impasse carries profound implications for Germany’s financial markets and underscores the pressing need for decisive action to align with EU standards.
MiCAR represents a transformative step in the EU’s approach to crypto regulation, aiming to establish a unified legal framework across member states. Unlike…
