Cryptocurrency & digital asset regulation in the European Union
MiCA Goes Global: Australia
The Markets in Crypto Assets (MiCA) framework seeks to improve the European Union’s digital asset and cryptocurrency sector, whilst mitigating risk and ensuring the financial stability of the European economy.
The regulatory framework includes a comprehensive new legislative proposal on crypto-assets,developed in order to help streamline distributed ledger technology (DLT) and virtual asset regulation. In doing so it seeks to protect EU users and investors.
Digital Economy Council of Australia is very pleased to be facilitating a conversation about the regulatory discord between our regions.