MiCA Brings New Rules to Crypto Market Making
The European Union's Markets in Crypto-Assets (MiCA) regulation is set to bring about significant changes for professional market participants in the crypto space. One of the key aspects of MiCA is the introduction of uniform rules of conduct for these entities.
As a result, not only will exchanges be subject to new requirements, but approaches to maintaining liquidity, interacting with clients, and organizing trading activities will also undergo a significant shift.
Jeremy Clarkson has stated that he finds this situation 'p****s me off' after 11 sheep disappeared from his property. However, the focus here is on MiCA's impact on crypto market making.