France, Austria and Italy Push EU to Reform Crypto Regulations
France, Austria, and Italy are pushing the European Union to strengthen its cryptocurrency rules under the MiCA law. These countries are concerned that differences in how each EU nation applies the regulations could put investors at risk and give some crypto firms an unfair advantage. Since the MiCA law took effect in December 2024, countries have interpreted it in various ways. While some have strict rules, others have been more relaxed. This inconsistency allows certain crypto companies to operate in countries with weaker rules and then provide services across the EU, creating potential risks for investors and reducing trust in…