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08/11 15:36

MiCA and gaming: What Europe’s landmark crypto reg

MiCA and gaming: What Europe’s landmark crypto regulation means for blockchain casinos

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Markets in Crypto-Assets (MiCA) is a regulation that comes at a critical time in an era when barriers between gaming, finance, and digital ownership are becoming increasingly blurred. With blockchain-based casinos and GameFi platforms gaining popularity across the continent, MiCA is poised to set a global standard for digital asset economy regulation. In the blockchain gaming industry, particularly crypto casinos, this blanket legislation represents another level of compliance, transparency, and opportunity.

Although MiCA was initially written to establish a set of similarities in the treatment of digital assets within the European Union, its effects will be much broader than those affecting stablecoins and centralized exchanges. Blockchain casinos, which typically operate on the edge of regulatory transparency, will henceforth need to align with the standards that large crypto institutions are required to follow. The outcome may transform not only the functioning of these platforms, but also the way the players are involved in them throughout the EU.

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