It's Time to Implement MiCA
24
Jun, 2024

It's Time to Implement MiCA

A new legislation is expected to come to the new composition of the European Parliament regarding crypto exchanges and how they will operate within the European Union.

 

This new legislation will be the implementation framework for the existing MiCA and will concern the way exchanges operate.

 

The aim of the legislation is none other than to limit frauds and the flight of funds to illegal activities through the exchanges.

 

Now we will see if the implementation of the law will bring better conditions in Europe for exchanges or will be the tombstone for the industry.

 

Of course, a large part of the legislation concerns stablecoins and how they will ultimately be able to be valued or used in transactions.

 

Everything will be judged in practice on how the legislation is applied and what will be the reaction of the exchanges……….

 

Our company, BCASH™, is a licensed Greek company by the Hellenic Capital Market Commission (exchange license) and manufactures/operates cryptocurrency ATMs throughout Greece. One of the locations is at Heraklion, Crete, while you can find all the locations where our ATMs are placed at https://bcash.eu/en/locations

 

Almost all of the spaces are private and autonomous with high-security standards. Most of the locations offer free wireless internet connection.

 

At BCASH™ ATMs, you can buy and sell cryptocurrencies at the best market rate, such as Bitcoin | Ethereum | USDT | Litecoin | Dash | XRP | XLM.

 

If you have any questions, you can contact our customer support service at +30 6987812000 & +30 6998499499 (Viber, Whatsapp, Telegram supported).