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Bitpanda Exec Highlights Inconsistent MiCA Enforcement Across EU
Bitpanda Exec Highlights Inconsistent MiCA Enforcement Across EU
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BTCCSquare news:
Benedikt Faupel, Bitpanda's head of public affairs, reveals that the Markets in Crypto-Assets Regulation (MiCA) has failed to achieve uniform implementation across the European Union. Despite its harmonization objectives, national regulators continue to apply divergent interpretations, creating an uneven competitive landscape for crypto firms.
Bitpanda, holding three MiCA licenses—more than any EU competitor—faces stark contrasts in regulatory scrutiny. Some jurisdictions conduct rigorous pre-licensing checks, while others adopt reactive oversight. This patchwork enforcement undermines MiCA's foundational promise of a unified digital asset framework.
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