MICA

Spain Speeds Ahead: Leading MiCA Implementation & Crypto Regulation in the EU
Crypto

Spain Speeds Ahead: Leading MiCA Implementation & Crypto Regulation in the EU

Spain is gearing up to become a pioneer in the European Union by implementing the Markets in Crypto-Assets (MiCA) Act at a national level, with the new regulations set to take effect in December 2025. The Spanish Ministry of Economy and Digital Transformation made this announcement, signaling a significant move towards regulating the rapidly growing […]

Oct. 31, 2023
BY Mishal
Lawyers Claim MiCA’s Stablecoin Transaction Cap Hinders Crypto Adoption
Crypto

Lawyers Claim MiCA’s Stablecoin Transaction Cap Hinders Crypto Adoption

MiCA legislation’s transaction limits may hinder stablecoin adoption, creating obstacles for the European Union’s crypto-asset markets. Deploying MiCA with its $216 million cap on stablecoins like USDT and USDC could hinder crypto growth unless modifications are made. This has led to suggestions for a revision of the framework. Many individuals within the crypto industry reacted […]

Jul. 10, 2023