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Ethereum World News 2023-05-31 17:50:43

Landmark MiCA Law Officially Signed By EU Policymakers

Summary: European Union lawmakers officially signed the bloc’s Markets in Crypto Assets (MiCA) bill meant to standardize digital asset businesses across 27 member nations. The bill is accompanied by new anti-money laundering rules that require exchanges and crypto providers to verify users’ identities. The EU is another step closer to implementing crypto standards and rules roughly three years after the bill was introduced, making the bloc the first major jurisdiction to provide clear rules for the nascent industry. The Markets

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