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.