EU’s MiCA Crypto Law Debate Scheduled for April 18
According to an agenda published on the Parliament’s website, the European Union’s Markets in Crypto Assets Regulation, known as MiCA, will be the subject of an April 18 discussion in the European Parliament, heralding the final formal agreement of the landmark law that will bring a crypto licencing regime across the bloc.
The political outlines of the law were finalised in June, but there have been numerous delays in reaching an agreement on a legal text, which must be translated into the EU’s 24 official languages.
The final vote on MiCA will take place the following day, April 19, according to normal Parliamentary procedures.
The MiCA debate will be followed by discussions on another law known as the transfer- of- funds regulation, which controversially requires crypto providers to verify customers’ identity and which was also provisionally agreed back to in June.
(With inputs from Shikha Singh)
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