The European Union's forthcoming cryptocurrency regulation known as MiCA is scheduled to be implemented next year. It aims to establish a regulatory framework specifically for stablecoins operating within the EU.
Ukraine, a prospective member of the European Union, plans to ratify the historic Markets in Crypto Assets Regulation (MiCA) of the EU. However, according to Ukraine's deputy minister of digital transformation, the law's criteria may
Numerous governments have been working hard in recent years to develop their own cryptocurrency laws, even though MiCA is now a distinctive regulatory framework that will regulate certain crypto-related activities across 27 nations.
After the MiCA debate, there will be debates over a second law known as the transfer of funds regulation, which contentiously mandates that cryptocurrency service providers confirm the identity of their clients.