EU Agrees On Text Of Landmark Bitcoin, Crypto Bill MiCA: Report

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The EU also plans to discuss crypto regulation with the U.S. in a IMF-World Bank meeting, following diplomats’ agreement on the bill’s text.The European Union (EU) has agreed on a legal framework for bitcoin and cryptocurrencies known as Markets in Crypto Asset Regulation (MiCA), per a report from CoinDesk. The bill was signed off by members of the EU Council on Wednesday and consists of a regulatory framework previously established in June, which reportedly received no further development since then. MiCA establishes licensing requirements for exchanges and wallet providers across the 27 ...

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