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EU opens MiCA consultation to review if crypto framework is still fit for purpose

CoinDesk
The European Commission is seeking public and industry feedback to determine if the existing MiCA crypto regulations remain effective amid evolving market conditions.

Summary

The European Commission has launched a consultation to evaluate whether the Markets in Crypto-Assets Regulation (MiCA) remains appropriate for the current digital asset landscape. Open until August 31, this initiative invites input from industry stakeholders, academics, and the public to address rapid shifts in markets and international regulatory standards. Having fully implemented MiCA by December 2024, the EU is now performing a reassessment to ensure the framework continues to serve its purpose effectively.

(Source:CoinDesk)