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Markets in Crypto-Assets (MiCA) Framework Signed into Law by EU Officials

The European Union’s new Markets in Crypto-Assets (MiCA) rules were on Wednesday signed into law by European officials. The signing into law of the new and comprehensive regulatory framework for crypto was done by European Parliament President Roberta Metsola and Swedish Rural Affairs Minister Peter Kullgren after the legislation passed a vote in the European Parliament in April. It was signed alongside a separate law that aims to prevent crypto from being used for money laundering purposes, among other things by banning anonymous crypto transactions of more than €1,000 ($1,070). The news of the signing was shared on Twitter by Patrick Hansen.


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