Europe's Crypto Crackdown!! What It Means FOR YOU!!
Hey Guys,
If you've been keeping up with the crypto headlines, you've probably seen a few about Europe's upcoming crypto bill called MiCA.
That's because it could potentially require, say, all NFT issuers and marketplaces to register with regulators, and result in the banning of centralised stablecoins on the continent.
Obviously, this possibility is a pretty big deal, and the crazy thing is that the MiCA bill was flying mostly under the radar until a few months ago when all these regulatory proposals started to leak. One of the main men behind this leakage is Patrick Hansen, a European crypto policy expert and hedge fund advisor which we reached out to for the full scoop.
It appears that the MiCA bill will be passed sometime this summer. At that point, European countries will have between 6 to 24 months to implement the crypto regulations it imposes.
What's frustrating is that most of the final discussions about MiCA are taking place behind closed doors, hence why we reached out to Patrick for some insider info.
Make no mistake, this is a video you can't miss!
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Full MiCA Bill: https://eur-lex.europa.eu/resource.ht...
► Patrick Hansen Twitter: https://twitter.com/paddi_hansen
► Patrick Hansen Explains MiCA: https://law.stanford.edu/2021/01/12/n...
► Patrick Hansen Argues For MiCA: https://law.stanford.edu/2021/11/12/e...
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.