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Industry Offers Cautious Welcome to EU’s Landmark Crypto Law MiCA

A near final leaked text is fuzzy on NFTs and could strangle the stablecoin market, some worry, but the overall reception to the bill appears to be positive.

Updated May 11, 2023, 6:24 p.m. Published Sep 28, 2022, 6:30 a.m.
A leaked draft of Europe's landmark Markets in Crypto Assets bill is being received warmly by the crypto community, despite a few concerns. (Frederic Köberl/Unsplash)
A leaked draft of Europe's landmark Markets in Crypto Assets bill is being received warmly by the crypto community, despite a few concerns. (Frederic Köberl/Unsplash)