EU consults on crypto rules fitness

The European Commission has initiated a consultation to evaluate the ongoing suitability of its Markets in Crypto-Assets Regulation (MiCA). This review aims to determine if the framework, established in 2023, requires updates in light of evolving digital asset markets and international regulatory shifts. Feedback from industry participants and the public, collected until August 31, will inform potential future policy adjustments for crypto-assets and stablecoins within the EU.