New Developments Around Digital Euro
MiCA and Digital Euro are the two largest crypto projects that run this moment at European Union at institutional level.
MiCA is expected to be the regulatory framework where crypto companies are expected to operate inside the EU. The European Finance Comissioner Mairead McGuiness noted that MiCA should put emphasis on sanctions in the companies that don’t follow the rules and the crypto use for avoiding sanctions from countries like Russia.
From the other side, Fabio Panetta from ECB announced that Digital Euro is expected to circulate only at €1.5 trillion in total. This means that Digital Euro will be only a part of the European economy and not the only currency in Eurozone.
We are expecting developments around that with great interest…