The European Union is set to become the first major jurisdiction to introduce comprehensive, tailored crypto regulation with its Markets in Crypto Assets regulation, or MiCA, taking effect in 2024. This landmark legislation promises legal certainty, compliance challenges, and global implications for the crypto industry. MiCA’s introduction has been met with widespread acclaim. France’s Finance Minister Bruno Le Maire hailed it as a “landmark” regulation that will end the “crypto Wild West,” w...