Europe’s FTX-Era Crypto Rules Strain Under Wall Street’s Blockchain Push

The EU’s landmark crypto framework is entering its first recalibration phase, barely two years after implementation began. On Wednesday (May 20) the European Commission officially opened up to public and institutional comment whether the 2024 Markets in Crypto-Assets Regulation (MiCA) policy framework is still “fit for purpose” as crypto markets evolve. Regulators do not typically reopen flagship frameworks so quickly, unless they believe either that the market moved faster