WALLESS partner Laurynas Narvydas shared insights on the new rules in crypto regulation
The crypto assets industry is about to go through big changes in the next two years, mainly because of the recent adoption of the EU Regulation on Markets in Crypto Assets (MICA). When MICA is put into practice in Lithuania, crypto services will become a separate kind of financial service, and crypto assets will be seen as a new type of financial products.
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