The role of European duties involve creating the possibility for social progress and the sustainability of the market economy, including the crypto sector. In terms of the crypto economy, the European Union is now interested in providing a regulation bill that will place the ecosystem in a proper state.
Primarily, the European Union focuses on the well-being of citizens. To achieve this purpose, it takes the proper measures to regulate immigration and asylum while preventing crime.
The EU is now fully aware that crypto influencers are one of the reasons traders incur losses during trades. So, to put this situation in order, it needs to establish a policy that will silence the insiders of any digital currency. This is where the MiCA bill comes into play.
Crypto Influencers And MiCA Bill
Crypto influencers are uneasy about the decision of the European Union to regulate digital currencies. The purpose is…