Facing severe declines recently to cryptocurrencies The steps towards it continue unabated. While many companies continue to invest in these technologies, authorities are trying to take measures against the negative effects of these digital assets.

Now is from the European Union A step has been taken on cryptocurrencies, which are becoming more and more popular all over the world. According to the statements, the European Parliament has agreed on a new ‘crypto regulation’ aimed at protecting consumers and service providers in EU countries. Reportedly, this arrangement will provide security in many cases.

The new law aims to protect against criminal activity and the climate crisis

According to the European Parliament, this regulation is an acronym for ‘crypto-asset markets’.Mica‘ Was called. Stefan Berger from Germany also explained the arrangement in his statements, “MiCA Becomes A Global Standard Setter For The Crypto Worldhe defined. In addition, the regulation fraud, various criminal activities, climate crisis It was said to create protection in many areas such as:

Berger added to his statements:MiCA will ensure a competitive market, legal certainty over crypto assets and a level playing field for service providers, while ensuring high standards of consumer protection.” of the scheme; with a registration with the authorities that it will regulate crypto offerings money laundering It has stated that it will try to prevent this and require major cryptocurrency services to report data on issues such as energy consumption and environmental impacts to national authorities.

He also states that the law applies to leading crypto assets such as Bitcoin and Ether; however, it is mentioned quite often in money laundering. will not contain NFTs It’s worth mentioning. It is argued that such assets may be within the scope of regulation in accordance with new decisions to be made in the future.