The Markets in Crypto-Assets (MiCA)

GS Paper 3: Syllabus: Effects of liberalisation on the economy (post-1991 changes), changes in industrial policy and their effects on industrial growth.   Context: Recently, EU Parliament agreed upon a new law Markets in Crypto-Assets (MiCA) to regulate cryptocurrencies. Recent issues: Stablecoins came in question after the crash of Terraform Labs’ Luna token. About MiCA: …