The EU Markets in Cryptoassets Act (MiCA) was officially published in the Official Journal of the European Union (OJEU). Foresight News previously reported that in early June, European Parliament President Roberta Metsola and Sweden’s Rural Affairs Minister Peter Kullgren formally signed the Market in Cryptoassets (MiCA) regulation into law, along with a separate anti-money laundering law that would require crypto providers to transfer funds before they are transferred. verify the identity of its customers. MiCA will come into force within weeks of publication in the Official Journal of the European Union, and its terms, including requiring crypto exchanges and wallet providers to obtain licenses to operate in the 27 EU countries and requiring stablecoin issuers to hold appropriate reserves, It will take effect in 12 to 18 months.