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Will Europe’s new crypto rules burden firms with stringent compliance requirements?
With Europe's Markets in Crypto-Assets Regulation (MiCA) taking full effect this December, crypto firms are closely monitoring the European Union's new rules. The comprehensive framework for crypto assets promises long-awaited legal clarity and investor protection, positioning the EU as a pioneer in global crypto regulation. MiCA's rollout is expected to have long-term impacts on the crypto industry, potentially influencing regulatory approaches worldwide. Uldis Teraudkalns, who recently joined crypto exchange Paybis as Chief Revenue Officer, spoke to TheStreet Crypto about Europe's MiCA regulations. The conversation ... (full story)