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MiCA Meaning

Markets in Crypto-Assets. A landmark regulatory framework enacted by the European Union.

It is the first comprehensive set of rules for the crypto industry in a major global jurisdiction. MiCA aims to bring legal certainty to a market that was previously a wild west.

MiCA covers issuers of crypto-assets, stablecoin providers, and service providers like exchanges. If a company is MiCA compliant, they get a passport to operate across all 27 EU member states.

It makes it safe for big banks and institutional investors to enter the market.

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