Moldovan Finance Minister Andrian Gavrilita stated that Moldova plans to introduce its first systemic cryptocurrency legislation by the end of 2026, aligning its regulatory framework with the EU's Crypto-Assets Market Regulation (MiCA). The law will allow citizens to legally hold and trade crypto assets, but will not recognize them as legal tender. Gavrilita noted that the government is working with the central bank, financial market regulators, and anti-money laundering agencies to develop the legal framework to fulfill its commitment to align with the EU. He emphasized that crypto assets should be viewed as a highly volatile speculative area rather than a traditional investment, but citizens will still have the right to participate in related activities within compliance limits. The report states that this legislation will be Moldova's first formal cryptocurrency legal framework. Previously, the Central Bank of Moldova had repeatedly warned of the price volatility and money laundering risks associated with crypto assets. This legislative advancement comes against the backdrop of the EU's MiCA, which came into full effect at the end of 2024, becoming Europe's first unified regulatory framework covering the cryptocurrency industry. (Cointelegraph)