MiCA Passporting Lets Crypto Firms Operate Across EU but Customer Barriers Remain
(10 hours ago) · 1 source · Summarized by CryptoBipto
The EU's Markets in Crypto-Assets (MiCA) regulation introduced a passporting system that allows licensed crypto firms to operate across all EU member states. However, customers still face practical barriers such as differing national rules on consumer protection, tax treatment, and anti-money-laundering requirements that vary from country to country.
WHY IT MATTERS
Think of MiCA's passporting system like a driver's license that works in every EU country — a crypto company licensed in, say, France can now legally offer its services in Germany or Spain without getting a new license each time.
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SOURCES
- cryptoslate.com
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