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The Markets in Crypto-Assets (MiCA) regulation, set to be implemented in early 2024, is poised to revolutionize the European crypto-asset landscape. The legislation’s primary objective is to balance safeguarding investors and promoting financial stability, while nurturing innovation and bolstering the appeal of the crypto-asset sector.

In a recent interview with Yahoo Finance, United States Securities and Exchange Commission Chair Gary Gensler said that he has one goal for crypto regulation in 2023 – “making crypto exchanges and lending platforms come into compliance.”