Majority of Policymakers Vote in Support of MiCA Crypto Laws

The European Union has taken a major step toward the regulation of cryptocurrencies within the region. In a recent vote, the European Parliament Committee on Economic and Monetary Affairs (ECON) showed almost unanimous support for forthcoming crypto regulation policies. 28 Members Vote in Support and 1 Against Committee member, Stefan Berger revealed in a Twitter post that the ECON has approved the Markets in Crypto-Assets framework, MiCA. Berger described the move as “good news” in a tweet announcing the vote.…

EU Nears Closing Deal On The MiCA Regulatory Framework

The European Union (EU) is inching closer to reaching an agreement on the Markets in Crypto-Assets (MiCA) crypto legislative package. A Bloomberg report unveiled this news today, citing sources conversant with this development. The sources requested to remain anonymous, seeing as the information is confidential. According to the report, France - which currently Chairs the EU and European Parliament - is optimistic about addressing issues holding up MiCA within a month. Negotiators will meet on June 14 and June 30,…