.ss_friedman hails EU's progressive MiCA legislation as a game-changer for the crypto industry
the European Union's progressive approach to cryptocurrency regulation as the EU Parliament passed the Markets in Crypto-Assets legislation.
In her tweet, Friedman expressed her enthusiasm for the EU's sensible regulatory measures in comparison to the United States' focus on enforcement. She emphasized Ripple's eagerness to build and grow in the European market, joining the ranks of other prominent crypto firms such as Binance, Coinbase, and Kraken in welcoming the new legislation.
MiCA is poised to provide regulatory clarity and harmonization for crypto firms operating across Europe. With 517 MEPs voting in favor and only 38 against, the legislation now moves to its final formal vote in the Council of the EU on May 16.
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