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EU ‘Markets in Crypto Assets’ proposal places emphasis on stablecoin governance

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AMB Crypto

Fri, Nov 26, 2021

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The next step towards the same was taken on Wednesday, when the European Council, which guides the EU’s political agenda, announced its position on the Markets in Crypto Assets (MiCA) framework, according to an official statement .

Through the MiCA framework, the European regulators are aiming to provide protection to investors and consumers from not only fraud but also hacks that cryptocurrency platforms and exchanges are accustomed to.

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