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EU Seals Text of Landmark Crypto Law MiCA, Fund Transfer Rules
The European Union (EU) has agreed the full legal text of its landmark legislation known as the Markets in Crypto Assets Regulation (MiCA), alongside a further law to reveal the identity of those making crypto payments. At a Wednesday meeting, diplomats, representing the bloc's member governments in the EU's Council, signed off on the text of laws which were the subject of a political deals struck in June, apparently without further discussion, a source briefed on the talks told CoinDesk. MiCA introduces the first-ever licensing regime for crypto wallets and exchanges to operate across the bloc and imposes reserve ... (full story)