Crypto Firms Should Start Getting Ready for MiCA Now, Warns Chainalysis
The Importance of Being Ready
The License Application Process
Benefits of Regulatory Compliance
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Regulatory compliance has been an ongoing issue for firms operating within the crypto industry. However, with the introduction of Markets in Crypto Assets (MiCA), this issue may soon be resolved. It is important for companies to adhere to the new laws fully, and Chainalysis’s Janet Ho gives practical advice to buy adequate time to do so. Nevertheless, companies should not just focus on compliance but also seek the benefits that come with it. Hence, businesses should not wait until the last minute to act, and Chainalysis’s warning on getting ready “now – maybe even yesterday” is timely.
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