The European Parliament Committee supported the Mica bill

Members of the Committee on Economic and Currency Issues of the European Parliament on October 10, by a majority vote, supported the bill on the regulation of Mica cryptocurrencies .

Meps from @ep_economics voted to confirm W/ 28/1 Provisional Deal on Markets in Crypto Assets #Mica @drstefanberger Ahead of the Final Plenary Vote
30 June Deal Details ⬇️⬇️🗒 ️https: // t.Co/ZFPKATXKI9

– Econ Committee Press (@ep_economics) October 10, 2022

28 votes were cast for the document, against – 1. MP Stefan Berger called the results “good news”.

Wieder Einen Schritt Weiter … das ergebnis der trilog-verhandlung zu #mica Wurde vom econ-ausschuss angenommen. Gute Nachrichten 👍🏼 https: // t.CO/Z73PKZMYVO

– Stefan Berger (@drstefanberger) October 10, https://gagarin.news/news/japan-and-sryptocurrency-startups-are-tax-benefits-forthcoming/ 2022

The final approval of the European Parliament is expected until the end of October. The document will be published in the EU official journal at the beginning of next year before it enters into force since 2024.

On October 5, the EU Council participants signed the text of the bill on the regulation of digital assets without further discussion. Mica includes rules that apply to issuers of unsecured cryptoactives, emitters of stablecoins, shopping and caste -casual platforms.

Suppliers of crypto acting services will be obliged to adhere to strict requirements aimed at protecting consumers, and from trading platforms they will need to provide White Paper.

Recall that in early July the European Parliament and the EU Council agreed on the preliminary version of the Mica. The draft law did not affect NFT, but the relevant provisions may submit later.

In September, it became known that representatives of Germany, Italy and the Netherlands insisted on maintaining the position of a limit of € 200 million per day on the transaction of stabilcoins with providing different from the euro.

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