Treat Crypto as Securities by Default, European Parliament Study Says as EU Prepares for MiCA

First Mover Americas: Landmark Crypto Laws Pass in Europe

Without changes, “we are skeptical that MiCA will have positive short-term effects given the difficulties of enforcing its rules in an opaque cross-border context,” in which 10,000 crypto protocols vie for the lightest possible regulation, added the document, though its findings aren’t a formal position of the European Parliament.

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