The DLT Science Foundation (DSF) has announced its support for the launch of the MiCA Crypto Alliance, with Hedera, Ripple, and Aptos Foundation as founding members. This industry association aims to streamline and enhance compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation, fostering a sustainable and compliant crypto ecosystem. The MiCA regulation, set to be fully applicable by the end of this year, provides a comprehensive framework for the crypto market, ensuring transparency, consumer protection, and market integrity. The MiCA Crypto Alliance will coordinate compliance efforts among leading blockchain projects and Crypto-Asset Service Providers (CASPs), promoting uniformity and standardisation in sustainability disclosures and regulatory compliance.

Source : Bitcoin News - Sep 19, 2024