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EU green lights MICA but Cryptos tumble on economy worries

Welcome to The Daily Forkast – April 21, 2023 – presented by Megha Chaddah.

The European Union has approved the passage of their Markets in Cryptoassets (MiCA) law, making it the first major jurisdiction in the world to introduce a comprehensive law for the crypto sphere.

Meanwhile, the crypto markets have sailed on steadily for the most part. Bitcoin, however, continues to struggle with keeping its toes in the US$30,000 level.