The European Parliament voted for the implementation of the MiCA bill
The European Parliament has approved the EU Cryptocurrency Regulation Bill (MiCA), which will set clear standards for the industry and protect crypto investors. The MiCA regulatory framework was supported by 517 members of the EU Parliament, 38 people voted against. The bill came almost five months after the infamous FTX crash, so MiCA aims to prevent such situations from happening. Politicians also supported a separate law requiring virtual asset service providers (VASPs) to identify their…
