EU Parliament Elections Could Shape Crypto Regulation Future

IconCryptoNewsTerminal Staff30 May, 2024

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EU Parliament Elections Could Shape Crypto Regulation Future

EU Parliament elections are set to take place next week, and their outcome could significantly impact the future of crypto regulation in the region. Bitfinex's Head of Derivatives, Jag Kooner, believes that the elections will provide insights into the direction of crypto regulation. He highlights the importance of the elections for the implementation of MiCA, a landmark crypto regulation framework in Europe. MiCA aims to bring clarity and attract investment to the crypto sector. The election results could impact the pace of MiCA's implementation, potentially influencing the regulatory landscape for crypto in the EU. The European Parliament elections will be held from June 6th to June 9th, 2024. Stay tuned for updates as the elections unfold and their implications for the crypto industry become clearer. ---

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