European Securities and Markets Authority: EU MiCA Could Become a Potential Growth Driver for Cryptocurrencies

ChainCatcher news, according to CoinDesk, the European Securities and Markets Authority stated that although MiCA will come into effect at the end of the year, it has not yet facilitated an increase in cryptocurrency trading in euros, but this could become a potential growth driver as it aims to strengthen investor protection.

It is reported that since the formal legislation of this regulatory framework last year, the level of cryptocurrency trading denominated in euros has remained stable at around 10%.