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EU Passes Crypto Law with Prescribed Whitepapers, Free Airdrops and NFTs

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The European Union has become the first in the world to pass comprehensive legislation on cryptos, bringing much needed clarity to the sector.

Exemption for airdrops and blockchain native tokens, e-money regulations for stablecoins and prescribed whitepapers are some of the chief distinguishing features of the Markets in Crypto-assets (MiCA) new law.

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