Ireland Central Bank leads calls to democratize finance and boost financial inclusivity through the implementation of the EU's MiCA regulations, highlighting the country’s priorities.
The European Union was one of the first regions globally to introduce a comprehensive package of regulations to guide its adoption of the crypto space for developers and investors.
In June 2023, the European Union’s Markets in Crypto-Assets Regulation (MiCA) came into effect. Since then, the EU’s 27 member states have been actively working on their individual approaches to implementation.
At the Association for Financial Markets in Europe’s (AFME) annual European Compliance and Legal conference on Sept. 23, Derville Rowland, the deputy governor at the Central Bank of Ireland, stressed that the country is also seeking to stay at the forefront of safe innovation via MiCA.
