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EU MiCA implementation is a “pivotal moment” for crypto regulations: compliance expert

EU MiCA implementation is a “pivotal moment” for crypto regulations: compliance expert

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Source: Coin Telegraph

The European Central Bank recently joined forces with Crystal Intelligence, as its blockchain analytics partner for the upcoming MiCA implementation.

The European Union is preparing to roll out the Markets in Crypto Assets (MiCA) bill, as the first comprehensive regulatory framework for the crypto industry.

This would make the European Union the first jurisdiction with a holistic regulatory framework on digital assets.

While it is a pivotal moment for crypto regulation, the actual implementation could present significant challenges, according to Hedi Navazan, the head of compliance and regulatory affairs at Crystal Intelligence.

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Author: Zoltan Vardai