In this context, Europe is working at full speed to finalise the Markets in Crypto Assets Regulation – MiCA. With MiCA, the European Union is creating a single European regulatory framework for crypto assets. MiCa will protect European customers investing in crypto assets and prevent misuse of crypto assets, while being innovation-friendly and maintaining the attractiveness and competitiveness of the European market.
We must recall that 75% of global economic growth between 2003 and 2007 (measured at PPP) is explained by developing economies, which grew at a remarkable average rate of almost 7% during that period.