To say regulation will restrict innovation is sort of redundant now. However the ache level distinctive to MiCA is the best way wherein the invoice actively shapes the crypto area in future.MiCA is supposedly written with the consumer in thoughts, however the wording and sheer quantity of textual content targeted round anti-money laundering (AML) guidelines is indicative of its true agenda. When it comes to client safety, having a framework corresponding to MiCA is nice, however when client safety is achieved by making it so costly to function a crypto firm in Europe that solely well-established ones can do it, MiCA is hurting shoppers in the long term.