1min chapter

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EU Markets in Crypto-Assets (MiCA) with Seth Hertlein, Patrick Hansen, & Rebecca Rettig

Bankless

CHAPTER

Is Mika a Good Investment?

Mika is at least good to look towards as a way to set out a framework for one token issuances and two, with respect to the types of obligations that needs to be on casks or CFI. I think the challenge in the US, so just to put a gloss on it, is like in the EU, they don't have this idea of like, this is a security,. This is a commodity, and there's a jurisdictional fight over it. So I am hopeful because there are a number of policymakers, both in the House and the Senate, who are looking to build out strong regulatory regimes that look similar to this.

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