The EU’s Markets in Crypto Assets (MiCA) regulatory package progress to the next stage of discussions without a controversial provision seeking to limit the use of cryptos like BTC.
- In the last few days, EU lawmakers have been negotiating a mandate for a proposed landmark law for digital assets, which does not comprise a provision seeking to limit the use of proof-of-work cryptos in the EU.
- Earlier in the week, Stefan Berger Parliamentarian, EU expressed worry that EU leaders supporting the limiting of the use of proof-of-work cryptos would make a last effort to push the legislation to a full parliamentary vote.
- In a tweet, Berger stated that the parliament has not challenged the negotiation mandate for MiCA. The deadline for challenging the mandate closed at midnight on Thursday.
EU officials are discussing several issues, including the integration of non-fungible tokens (NFTs) and decentralized finance (DeFi) in the MiCA package.
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