⚖️ Last week, the EU Parliament Adopted by 517-38 in Favor of Crypto-Focused #MiCA Legislation 👍 🥳
💚 Above all, it is a huge step that finally gets Crypto recognized as a Financial Asset, with different crypto-assets including #Stablecoins backed by physical commodity such as gold/silver, by algorithms, or by fiat currencies as $USD $EUR $AUD $JPY $CHF etc.
⚜️ These new rules and guidelines will enable technological innovation and place the #EU at the global forefront of the Token Economy... unlike regulation by enforcement in the US by its aggressive #SEC, which is definitely an inefficient and ineffective way to proceed when you want to kill (after trying to take over) an Unstoppable Decentralized Blockchain.😆
💚 Above all, it is a huge step that finally gets Crypto recognized as a Financial Asset, with different crypto-assets including #Stablecoins backed by physical commodity such as gold/silver, by algorithms, or by fiat currencies as $USD $EUR $AUD $JPY $CHF etc.
⚜️ These new rules and guidelines will enable technological innovation and place the #EU at the global forefront of the Token Economy... unlike regulation by enforcement in the US by its aggressive #SEC, which is definitely an inefficient and ineffective way to proceed when you want to kill (after trying to take over) an Unstoppable Decentralized Blockchain.😆