Crypto Regulations in the EU: Stepping Stone for 2024 Bull Run?

The world is gradually preparing a different environment for the cryptocurrency industry. Bitcoin, associated with the SEC rather than the FBI for some time, is transforming into a full-fledged investment asset amid ETF approvals, rejections, and corporate Bitcoin purchases. The major missing piece is clear cryptocurrency regulations. EU Crypto Regulations The financial watchdog of the European Union will soon commence a three-part consultation process for the recently approved Crypto Assets regulation (MiCA). The European Securities and Markets Authority (ESMA) announced on their website on June 12 that, from July 2023, the consultation packages will cover authorization, governance, conflicts of interest, and complaint handling procedures under MiCA. These measures will be subject to approval by the European Commission, Parliament, and Council. The first consultation package will include procedures for handling complaints and revealing potential conflicts of interest, along with technical standards for the implementation by crypto asset service providers in the […] The post Crypto Regulations in the EU: Stepping Stone for 2024 Bull Run? appeared first on COINTURK NEWS.