EU finance ministers approve MiCA crypto regulation

[Freemind]

The legislation sets out clear regulatory guidelines and requirements for the use of cryptocurrencies and related services and activities across the EU. The scope of the legislation covers a range of cryptocurrencies, digital assets, utility tokens and stablecoins. Although it is still too early to comment as the report has not yet been released, I personally believe that it will have positive effects for investors, but I also believe that investors will be more afraid to invest, since the tax offices of each country may be on the "hunt"

Do you think that the legislation recently adopted by the European Parliament will have positive effects or, on the contrary, could harm cryptocurrencies?.


✅ The full article is available here: https://cointelegraph.com/news/eu-council-approves-mica-regulations