{"id":18094,"date":"2023-02-20T15:29:04","date_gmt":"2023-02-20T15:29:04","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/02\/20\/us-congress-visiting-eu-to-study-mica-amid-crypto-crackdown\/"},"modified":"2023-02-20T15:29:04","modified_gmt":"2023-02-20T15:29:04","slug":"us-congress-visiting-eu-to-study-mica-amid-crypto-crackdown","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/02\/20\/us-congress-visiting-eu-to-study-mica-amid-crypto-crackdown\/","title":{"rendered":"US Congress Visiting EU To Study MiCA Amid Crypto Crackdown"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/breaking-us-congress-delegation-visiting-eu-to-study-mica-amid-crypto-crackdown\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p>Amid the crypto crackdown by regulators within the U.S., the Congress sending a group to the European Union to review the Markets in Crypto-Assets (MiCA) crypto regulation. The current regulatory motion in opposition to crypto is a serious concern for the crypto area.<\/p>\n<p>The U.S. Congress plans to ship over a dozen staffers with crypto and fintech data to Belgium and France. The Congress members will be taught the EU\u2019s new regulatory framework MiCA for regulating the crypto market.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>Furthermore, U.S. Congress members will meet with EU officers and regulators, in addition to crypto trade lobbyists, as per individuals with data of the journey. The agenda is conferences with members of the EU\u2019s parliament and regulators, together with the European Banking Authority and the European Securities and Markets Authority.<\/p>\n<blockquote>\n<p>\u201cMiCA will provide legal certainty to companies having or wishing to launch activities in the EU,\u201d stated Faustine Fleuret, president of French crypto commerce group Adan and a type of assembly with the delegation. \u201cAlthough it will not be perfect, we will know what the rules are.\u201d<\/p>\n<\/blockquote>\n<p>The MiCA regulation is seen as the most important crypto regulation within the EU to make sure investor safety and safety to the crypto traders. However, DeFi and its affect on the normal market remains to be a priority for the regulators. As a end result, the ultimate vote on MiCA pushed to April on account of delays in translating the 400-page regulation.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>Moreover, the implementation of the MiCA will take extra months, with last execution in 2024. However, the crypto framework is seen as a serious growth the world over.<\/p>\n<h2>Crypto Industry within the U.S. Pushes for Regulation<\/h2>\n<p>The U.S. SEC\u2019s regulatory motion in opposition to crypto staking, Paxos-issued Binance USD (BUSD), and crypto exchanges taking a toll available on the market. SEC Chair Gary Gensler\u2019s motion is seen as pressured enforcement by the trade.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p><a href=\"https:\/\/coingape.com\/tag\/brian-armstrong\" target=\"_blank\" rel=\"noopener\">Brian Armstrong<\/a>, CEO of crypto alternate Coinbase, believes the U.S. wants pressing crypto laws because it dangers shedding its standing as a frontrunner.<\/p>\n<p><strong>Also Read: <\/strong><a href=\"https:\/\/coingape.com\/five-on-chain-metrics-that-prove-bitcoins-cycle-bottom-has-been-reached\/\" target=\"_blank\" rel=\"noopener\">On-Chain Data Suggests Bitcoin Price In Early Bull Market Cycle<\/a><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA139720\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his data about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been related to the blockchain and cryptocurrency trade for a considerable interval and is at present protecting all the newest updates and developments within the crypto trade.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD139720\">\n<p>  The introduced content material could embody the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn&#8217;t maintain any duty to your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/breaking-us-congress-delegation-visiting-eu-to-study-mica-amid-crypto-crackdown\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Amid the crypto crackdown by regulators within the U.S., the Congress sending a group to the European Union to review the Markets in Crypto-Assets (MiCA) crypto regulation. The current regulatory motion in opposition to crypto is a serious concern for the crypto area. The U.S. Congress plans to ship over a dozen staffers with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18096,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[13],"tags":[573,6043,24,2775,1609,6134],"class_list":["post-18094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation","tag-congress","tag-crackdown","tag-crypto","tag-mica","tag-study","tag-visiting","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/18094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=18094"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/18094\/revisions"}],"predecessor-version":[{"id":18095,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/18094\/revisions\/18095"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/18096"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=18094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=18094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=18094"}],"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