For instance, Martin Erhold, regulatory specialist at Bitpanda, said that even though legal certainty will likely attract institutional investment, overregulation could crowd out innovation and entrepreneurs. In addition to strict rules for crypto issuers, under MiCA, firms will have to register in the EU and bear the compliance costs or be banned, he said. www.coindesk.com
For instance, Martin Erhold, regulatory specialist at Bitpanda, said that even though legal certainty will likely attract institutional investment, overregulation could crowd out innovation and entrepreneurs. In addition to strict rules for crypto issuers, under MiCA, firms will have to register in the EU and bear the compliance costs or be banned, he said.
www.coindesk.com