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Christine Kim (Galaxy) on Ethereum Shanghai Upgrade

Galaxy Brains

CHAPTER

The Bullishness of Crypto Adoption in the EU

MICA is a comprehensive but bespoke regulation framework for crypto, regulates things like exchanges and stablecoins. MICA does set forth quite a bit of regulatory clarity around how crypto companies should be overseen in the EU. There are parallel other pieces of law that are being built around anti-money laundering and KYC that I think are also important to track alongside MICA.

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