Beyond the License: What MiCAR Means for the Next Phase of Crypto in Europe

The introduction of MiCAR is changing the conversation around crypto in Europe. For industry participants, regulation is no longer simply a question of obtaining an authorization, but of building the structures, processes and standards needed to operate sustainably in a more mature market. Companies going through the approval process understand the importance of the role of regulation in creating a more sustainable relationship between businesses and consumers. Daniel Lai, CEO of BingX EU, emphasizes that the regulator represents the interests of the consumers. “The authorization is about a balance being struck between how we go about doing business and making sure we take into account concerns and protections for the consumer.

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