EU Law refers to the body of legal rules and regulations established by the European Union that govern its member states. Within the digital asset sector, this includes directives and regulations aimed at harmonizing rules for crypto-asset service providers, stablecoins, and market integrity. It seeks to create a unified regulatory environment across the European Economic Area.
Context
The current focus of EU Law concerning digital assets is on the implementation and interpretation of the Markets in Crypto-Assets (MiCA) regulation. Significant discussions revolve around its scope, the licensing requirements for crypto-asset issuers and service providers, and its impact on innovation versus consumer protection. Future considerations will involve the alignment of MiCA with other financial regulations and its influence on global regulatory approaches to digital assets.
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