Newtrien

What it does

The European Union seeks to establish uniform licensing and regulatory rules for digital assets in all member countries. However, this will only strengthen Bitcoin’s position relative to other financial instruments and increase demand for non-castodial and no-KYC platforms. The EU recognizes that the role of Bitcoin and digital assets in the economy and the financial sector is growing rapidly. Legislators were therefore seeking to establish uniform legal rules that would resolve existing differences between countries in that area. The MiCA crypto regulation is a European legislative initiative that sets new rules and regulations for the Bitcoin market and digital assets. The EU Bitcoin and…from newtrien.com

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