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EU Lawmakers Pass Landmark Crypto Regulation Bill

October 11, 2022

The European Union (EU) lawmakers have passed the Markets in Crypto Assets Regulation (MiCA) bill, a landmark piece of legislation aimed at regulating the digital asset market. The members voted 28 to 1 in favor of the landmark new crypto laws. The bill will pass onto the European Parliament for a final vote in the next parliament session. The laws will come into effect in 2024.

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