The European Union’s Markets in Crypto-Assets Regulation (MiCA) “marks a watershed moment in digital finance”, according to Costas Papadopoulos, executive director at Cypriot fintech Moneygate.
MiCA will introduce a comprehensive regulatory framework for crypto-assets, significantly affecting how financial institutions operate, both in the Europe Union and elsewhere.
“At its foundation, MiCA brings clarity to the crypto landscape through clear asset classification and oversight,” Papadopoulos noted.
He explained that “the regulation
