Yes, It is a pivotal attack on peoples privacy and freedom rights.
No, it is not a signal for growth and confidence it is the opposite. crypto will be over- regulated in EU and other countries will benefit.
It is time to move on to DEX + get rid off state regulated exchanges.
"Coinbase
@coinbase
@Europarl_EN
's adoption of #MiCA is a pivotal moment for crypto regulation. 🇪🇺
This comprehensive framework will give crypto organizations the confidence to invest and grow in the region."
Parliament has endorsed the first EU rules to trace crypto-asset transfers, prevent money laundering, as well as common rules on supervision and customer protection.
Press release: