EU MiCA List Sees Banks' Crypto Provider Share Double to 23%
Banks have seen their share of crypto providers on the EU's MiCA list double in recent times. As of now, the number stands at 23%. This trend indicates a growing interest among banks to offer digital asset services.
The European Union has been actively working towards regulating the cryptocurrency space through its Markets in Crypto-Assets (MiCA) framework. The regulatory body aims to create a clear and consistent set of rules for the industry, which would help establish trust among investors and facilitate further growth.