European Securities and Markets Authority: EU MiCA rules will have little impact on European cryptocurrency market

Odaily News The European Securities and Markets Authority said that although MiCA will come into effect at the end of the year, it has not yet promoted an increase in cryptocurrency euro trading, but this may become a potential growth driver as it aims to strengthen investor protection. Since the regulation was formally enacted last year, euro-denominated cryptocurrency trading levels have remained stable at around 10%.