EU begins review of MiCA crypto rules, seeks feedback until Aug. 31

The European Commission has launched a formal review of the EU's Markets in Crypto-Assets (MiCA) regulation, The Block reported. The review aims to assess the adequacy of the current framework in light of changes in the digital asset market and the evolving global regulatory landscape. The EU is seeking feedback from individuals and industry stakeholders until Aug. 31. The scope of the review includes regulations concerning crypto-asset issuers, asset-referenced tokens (ART), e-money tokens (EMT), and crypto-asset service providers (CASP).