MiCA coming in hot in October, NFTs not in focus: EU regulators

2022.09.03 11:14

MiCA coming in hot in October, NFTs not in focus: EU regulators

Members of the Germany-based Bundesblock, otherwise known as the German Blockchain Association, updated the community on the upcoming Markets in Crypto-Assets (MiCA) regulations in a virtual panel held on Thursday, Sept. 1.

According to the panel, the final legal text for the long-awaited regulations is set to be released in the upcoming four to six weeks. However, nonfungible tokens (NFTs) and stablecoins are still not covered, while crypto asset service providers (CASPs) are discussed in scope.

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