MiCA Paragraphs Call for Subjecting Cryptocurrencies to ‘Sustainability Standards’

Hello @leofinance readers,I am sure you are following the pressures and discourses on cryptocurrencies in these times when the price of Bitcoin is $39K.

MiCA Paragraphs Call for Subjecting Cryptocurrencies to ‘Sustainability Standards’

The EU Parliament is about to hold a vote aimed at banning Bitcoin and Ethereum.

According to the bill called MiCa, traded cryptocurrencies and assets issued in the EU will be subject to minimum environmental sustainability standards and will establish and maintain a phased distribution plan to ensure compliance with these requirements.

Important news for cryptocurrencies this week:

Fed's interest rate decision expected for months - March 15
The European Union Parliament's Markets in Digital Assets regulation, also known as #MiCA, will also be voted on today.

The news that the European Union Parliament's Economic and Monetary Affairs Committee will vote on a new crypto-asset regulatory framework today sparked social media coverage.

Soure: MiCa News

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