Council of European Union Advances Talks On MiCA, DORA Regulations
cryptonews.comThe Council of the European Union has adopted a position on two proposals - the Regulation on Markets in Crypto Assets (MiCA) and the Digital Operational Resilience Act (DORA) - that are part of the European Union’s much-discussed digital finance package. Owing to this, the Council doted itself with a negotiating mandate for trialogue talks with the European Commission and the European Parliament.
Through the MiCA proposal, Brussels claims it wants to establish a regulatory framework for crypto assets that would foster innovation and draw on their potential in a manner that preserves financial stability and safeguards the interests of investors.
This said, industry observers have also cautioned that the proposal could make it more difficult
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