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Markets In Crypto-Assets (MICA)

Published Date:

MiCA covers the crypto assets not covered by current financial services legislation. Transparency, disclosure, authorization, and supervision of transactions will become the key provisions for those creating and selling crypto-assets (including asset-reference tokens and e-money tokens). Customers would be better informed about the dangers, expenses, and fees associated with their businesses. Additionally, by controlling public offers of crypto assets, the new regulatory framework will promote market integrity and financial stability.