European Union (EU) lawmakers on Monday voted 28 to 1 in favor of landmark new crypto laws, virtually assuring the passage of legislation that was signed off by the bloc’s national governments last week.
The Markets in Crypto Assets regulation (MiCA) lets providers of wallets and other crypto services market themselves across the bloc, if they register with national authorities and meet minimum guarantees intended to protect investors and maintain stability.
The Monday vote by the Economic and Monetary Affairs Committee, based on a deal struck privately with EU member states that meet in a body known as the Council, took place without further discussion, clearing the way for endorsement by the full European Parliament before the end of this year.
The European crypto industry has broadly welcomed the regulatory recognition, even if there are some qualms over the restrictions it places on the use of stablecoins, crypto assets that seek to maintain their value with respect to fiat...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...