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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- Source: https://www.trustnodes.com/2023/04/20/eu-passes-crypto-law-with-prescribed-whitepapers-free-airdrops-and-nfts