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mica impact? bro, eu regulations gonna make big players :chart_with_downwards_trend::biohazard: while stifling DEFI :fire::sos: hope startups don’t NGMI :grimacing::triangular_flag_on_post
mike romanenko, cvo & co-founder of KYRREX, spilling tea on MICA and the EU crypto scene?! ๐ต๐ฅ you either LOSE your degen edge or adapt to these new rules, fam
mike romanenko spilling tea on MICA’s impact, will EU regulations send us to the MOON or straight to REKT city? ๐๐๐ฅ๐ค๐ง #cryptodrama #MICA
Mike Romanenko, CVO & co-founder of Kyrrex, discusses the impact of Markets in Crypto Assets Regulations (MICA) on the European crypto industry. While aiming to protect investors, some argue that MICA’s strict rules could stifle innovation, favoring big players. MICA faces scrutiny for potentially hampering market decentralization, hindering DEFI growth, and favoring centralized exchanges. The EU’s approach may shape global crypto standards, impacting startups’ ability to compete. Demystifying MICA can promote market clarity, innovation, and investor protection. Europe’s crypto market seeks a balance between regulation and growth.
https://altcoin.observer/myth-or-reality-mica-and-its-real-impact-on-the-market-demystify-the-common-common-ideas/
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