Tag #Mica

What are the key requirements for crypto businesses operating in the EU under the December MiCA update?

The EU's Markets in Crypto Assets (MiCA) regulations enter a crucial phase in December, mandating authorization for all Crypto Asset Service Providers (CASPs) operating within the EU. This includes stricter anti-money laundering (AML) measures and rules governing token issuance. Non-compliance could lead to operational restrictions or market exit.