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Thursday, April 20, 2023

EU urges others to copy its rules for cryptoassets

The rest of the world should copy European Union rules for cryptoassets to create a robust global approach that protects consumers and financial stability, the EU's financial services chief said on Wednesday. The European Parliament is due on Thursday to rubber stamp the EU's markets in cryptoassets regulation (MiCA), the world's first comprehensive set of rules for the hitherto unregulated sector. EU states have already given their approval.

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