Cryptocurrency Comment from Binance CEO CZ: “Good News from Europe!”

European Union countries will use as frame text in their crypto currency regulations. EU MICA The text on cryptocurrency legislation is complete.

The general framework of the text had already been voted on and accepted by the majority of the member states.

Officials speaking to Coindesk said that the text is still open to interpretation, but the discussions and the draft text are practically completed.

It was unclear whether the regulations would cover NFTs. According to the latest draft, MICA provisions NFT It will also apply to certain assets classified as

While only the part of the leaked draft for NFTs was shared, the world’s largest cryptocurrency exchange CZ, CEO of BinanceAn important statement came from

Famous CEO in the final draft of MICA Euro other than stablecoins He said the restrictions were lifted.

This cryptocurrency Stating that it is good news for the market, CZ said, “liquidity is the best protection for users” downgrade.

Good news from Europe. The latest draft of MiCA removed previous restrictions on non-EUR stablecoins. Liquidity is the best protection for users.

— CZ 🔶 Binance (@cz_binance) September 21, 2022