The new European regulation for crypto called MiCa

Final approval by the European Parliament of the new regulation on crypto-assets, the so-called MiCa (Markets in Crypto-Assets), is expected in the coming weeks, i.e., by the end of April. The first proposal for the MiCA regulation was submitted by the European Commission in September 2020, so it has been two and a half years since then. However, by now the final draft appears to be ready to be brought to Parliament for final approval. Once approved, it will take 18 months from the date of entry into force to trigger the compliance obligation, which then presumably should come in