Europe's New Crypto Law Gives NFTs a Free Pass (For Now)

This story was originally published on HackerNoon at: https://hackernoon.com/europes-new-crypto-law-gives-nfts-a-free-pass-for-now.

MiCA was designed to regulate crypto-activities across the European Union (EU). It mostly applies to businesses, but there are some bits for users. Let's see!

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The Markets in Crypto-Assets (MiCA) proposal was born in 2020. MiCA is a full-fledged law, whose implementation was completed by the end of 2024. It mostly applies to businesses with operations inside any of the EU's 27 countries.