European Union Crypto Law MiCA Published in Official Gazette!

MiCA, the regulatory framework of the European Union (EU) on the cryptocurrency market, has been published in the official gazette.

MiCA, which has a critical role in the fate of the crypto money market in the EU, Official Journal of the European UnionIt was published in (OJEU). With this step taken, the countdown for the law to enter into force has begun. of MiCA Outline on June 30 commissioning and 30 December 2024 comprehensively on into effect scheduled to enter.

May 27 The law, which was officially approved by the EU Parliament on world’s first major crypto jurisdiction was recorded as.

Under the law, EU citizens investing in cryptocurrencies in a safer environment movements and sector-specific money laundering activities is intended to be prevented.

The three most important regulatory points that MiCA will apply to the cryptocurrency industry KYC (know your customer) rule will be brought to cryptocurrency exchanges license requirement And stablecoin regulations will be.

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