LEAKED EU Crypto Bill! Here's What's Coming To Europe!!
Hey Guys,
If you've been keeping up with the crypto media you might have heard that the final draft of Europe's upcoming crypto regulations was leaked.
As it so happens, we managed to get our hands on the document thanks to the help of a European crypto policy analyst.
Not surprisingly, the regulations - dubbed Markets in Crypto Assets or MiCA - are extremely dense. The leaked document is a whopping 1050 pages long with lots of repetition, making it impossible to search through by keyword.
That didn't stop me! The biggest takeaway is probably that truly decentralised DeFi protocols will not be regulated in Europe.
This is huge news, and the other promising provisions could set the stage for a massive crypto bull run when they come into force in 2024.
Keep your eye on this!
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Non-Euro Stablecoins Capped: https://www.theblock.co/post/173479/n...
► MiCA vs. ToFR: https://cointelegraph.com/news/mica-a...
► Patrick Hansen Explains MiCA: https://twitter.com/paddi_hansen/stat...
► Some NFTs To Be Regulated As Cryptocurrencies: https://protos.com/leaked-mica-draft-...
► Circle To Launch Euro Stablecoin: https://www.prnewswire.com/news-relea...
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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.
