Christian Anders, the CEO of Bitcoin. x has said that even though the Markets in Crypto Assets (MiCA) framework has been signed into law, the European Union (EU) may need to do a lot more lobbying of the different regulators in Europe and work with the different governments.
In an interview with Cointelegraph, Anders noted that so that the crypto framework established in MiCA is accepted in most European countrieslike Sweden, a little “pressure” might be needed. He claimed that MiCA provides the cryptocurrency industry with a framework to operate with and is expected to bring clarity.
Anders noted that cryptocurrency exchanges are eagerly awaiting the full implementation of the MiCA framework, while acknowledging that Governments like the Swedish are reluctant to grant new licenses to crypto companies. He stressed that while these governments cannot stop the framework, they can slow its progress. Also, he mentioned the potential for governments to view the MiCA framework as inadequate, leading to bilateral power dynamics.
When asked for his opinion on which cryptocurrency exchange or theory would be the next target of the United States Securities and Exchange Commission (SEC)for its acronym in English), Anders said that believes that Crypto.com could be the next potential target, since it operates in the United States. He went on to say that he has a more Swedish perspective and that it could relate to the recent SEC crackdown on Binance and Coinbase. anders said that the SEC shares a similar approach with the Swedish government, although regulatory challenges in Sweden are on a smaller scale than in the United States.
anders follows being bullish on bitcoin and discard any negative ideas. believes that efforts by banks and governments to prevent the growth of cryptocurrency only fuel enthusiasm for them. He claims that the superiority of bitcoin (BTC) becomes apparent in comparison to the flaws of the fiat system and the stress caused by inflation.
The CEO highlighted the boom in the mining industry with companies like Intel coming in and making machines for mining. He pointed out that bitcoin mining is gaining momentum in Europe, especially with the increasing use of renewable energy. In addition, he highlighted that the younger generation’s affinity for these technologies cements their role in shaping the future.
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