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EU Parliament to 'Vote on Adopting the Regulation on MiCA' — Expert Says Industry Needs Legal Clarity – Regulation Bitcoin News

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The European Parliament said the proposed rules not only enhance the protection of consumers and investors but also “promote innovation and use of crypto-assets.” investorprotection ftx regulation

Legal Clarity Attracts Mature Players

Therefore, to stop this from happening the crypto industry needs legal clarity, which according to Vaitkevicius, “bring[s] in more mature players to the industry from both project and investor sides.” Explaining why he is in favor of regulating the industry, Vaitkevicius said:

 

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They like promising this regulations already two years

Hope so. They are so strict

They should vote on adopting stablecoins like USDT.

That already have Lugano where USDT and BTC are legal.

First bitcoin is on the road to irrelevance and now they are gonna promote innovation? Hah

Bullish

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