All VASPs registered in the EU before 2025 must comply with MiCA requirements this year. Predictions suggest many will not be able to do so.
Opinion by: Slava Demchuk, co-founder and CEO of AMLBot
All virtual asset service providers (VASPs) registered in the EU before 2025 must comply with Markets in Crypto-Assets Regulation (MiCA) requirements this year. Not all will be able to do so.
The MiCA regulation is, in essence, a good legal framework for the crypto industry, but it also has some disadvantages, especially for crypto startups and small businesses.
