Authorities in the EU are moving closer to a deal on a legislative package tailored to comprehensively regulate the crypto market and related activities in Europe. According a media report, an agreement on the key legislation is likely to be reached as early as this month.
Deal on EU Crypto Law Expected by End of June, Sources Say
Representatives of relevant institutions in the European Union are approaching consensus on the Markets in Crypto Assets (MiCA) proposal aiming to introduce union-wide rules for the crypto industry, Bloomberg reported, quoting knowledgeable sources.
Choosing to remain anonymous, they revealed that the French presidency of the EU Council and the European Parliament (EP) are now optimistic about resolving the issues that are holding up the draft’s advance. Negotiators should do that at two upcoming meetings, on June 14 and June 30.
Member states of the 27-strong bloc and the Parliament still disagree on several aspects of MiCA, according to the sources...
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