DO YOU SPEAK CRYPTO ?

#17. CRYPTO UNDER CONTROL: MICA'S IMPACT ON THE EU MARKET


Listen Later

Ever wondered if the world of finance is becoming a digital wild west, especially with cryptocurrencies?

The European Union seems to think so, as they introduce the Markets in Crypto-Assets Regulation (MiCA). This new framework aims to bring order to the chaotic world of crypto by harmonizing regulations across all EU nations. But what does MiCA mean for investors, businesses, and the future of cryptocurrency? Our latest podcast episode dives deep into these questions, exploring the implications of this groundbreaking regulatory move.

In this episode, we are joined by our resident crypto expert...Known for their ability to break down complex topics into digestible insights, our expert guides us through the nuances of MiCA, offering a clear understanding of both its challenges and opportunities. Their expertise provides listeners with a comprehensive view of what these new regulations mean for the crypto industry.

MiCA: A new era for crypto regulation.

MiCA represents the EU's ambitious attempt to regulate the crypto market, ensuring investor protection, preventing money laundering, and fostering innovation. The regulation introduces a passporting system, allowing compliant crypto companies to operate across the EU, and imposes strict requirements on crypto asset service providers. It also addresses the environmental impact of crypto mining and sets standards for stablecoins. With its implementation set for December 2024, MiCA could serve as a blueprint for other regions, signaling a shift towards a more structured and transparent crypto landscape.

0:00:00 - Introduction and Context of MiCA

0:00:42 - Importance of Crypto Regulation by the EU

0:01:00 - Protecting Investors in the Crypto Era

0:01:30 - Combating Money Laundering

0:02:11 - The Passport System and Its Benefits for Businesses

0:02:45 - Requirements for Crypto Asset Service Providers (CASP)

0:03:55 - The Concept of "Know Your Customer" (KYC)

0:04:30 - Regulation of Stablecoins

0:07:00 - Environmental Impact of Crypto and MiCA's Response

0:08:10 - MiCA Launch Date and Transition Period

0:08:45 - Global Impact of MiCA and International Reactions

0:09:30 - Conclusion and Advice for Listeners

This episode is brought to you by Pascal ROCHE and the production studio "Je ne perds jamais." Let's speak crypto and explore the mystery together.
https://www.linkedin.com/in/rochepascal/

Distributed by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

DO YOU SPEAK CRYPTO ?By Pascal ROCHE