EU Lawmakers About To Vote on Sweeping Crypto Regulations
The European Union may be about to see comprehensive crypto regulations in the form of MiCA, which has been years in the making
Transfers exceeding EUR 1,000 ($1,097) from an unregulated or self-hosted platform are expected to be restricted.
Yeah, that amount of money can do some serious disruption.
“There is a widely held misconception within the crypto space that regulation’s purpose is to stifle progress and innovation,” Albert Isola MP, Gibraltar’s Minister for Digital and Financial Services, told Blockworks. “Importantly maintaining market integrity is paramount and must be considered from the outset.”
Always - always - the same memetic lies: "market integrity" during a bankster-manufactured "financial crisis". It's never, ever their fault - ever.
Hong Kong targets May for crypto exchange licensing regulations
https://cryptoslate.com/hong-kong-targets-may-for-crypto-exchange-licensing-regulations/
Also means exchanges shuffling around, with some opening while some need to split their services between international and local clients.
EU Parliament Passes MiCA by 13:1 Margin
https://blockworks.co/news/eu-parliament-passes-mica-vote
There will be a formal Council vote that will finalize the regulation on May 16.
Woketard climate shit also included.
all roads lead to the Club of Rome, and their anti-human agenda.
plenty of details still left to sort out with MiCA.