The "MiCA" has been definitively approved today but will only become operational in 2024.😅 The European Union regulates the services offered by the C.A.S.P. crypto assets service providers with this regulation which will be accepted in all Member States without the need for national adaptation laws. 💪
Stablecoins, liquidity reserves, customer identification, asset referred tokens, approved whitepapers are just some of the aspects covered by the standard. , ⚖️
Excluding "pure" utility tokens, i.e. those usable within the platform that determine their use, excluding security tokens delegated to MiFiD, excluding De.Fi. (in this case the regulatory task will be much more difficult) and NFTs but only if they do not exceed a certain "circulation" (which one?) .
In short, an important step forward has been taken towards the stability of the sector both on the consumer and on the investment side, but, as always, the market and everyday life will give their answers.⬇️⬇️⬇️
Below is a brief summary for everyone.