MiCA Law Approved by the European Parliament

The European Parliament has approved the Markets in Crypto Asset law (MiCA), paving the way for the European Union to regulate the crypto industry in its fight against money laundering and the financing of terrorism. The approval came after significant delays, and the law was voted on by a large majority. One spokesperson for the Group of the European People’s Party, Stefan Berger, said that with the MiCA regulation, the European crypto-asset industry has regulatory clarity that countries like the US do not have. This news has been deemed breaking and BeInCrypto, as always, is committed to unbiased and transparent reporting. Readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.

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