European Parliament's Final Vote on MiCA Regulation Postponed until April

European Parliament's final vote on Markets in Crypto-Assets (MiCA) regulation postponed until April. The delay is “technical” and most likely caused by issues in translating the almost 400-page file into the 24 official languages of the bloc, an EU Parliament spokesperson said.

MiCA lays out rules for licensing firms offering crypto services in the EU and regulates stablecoin issuance.

Previously, the vote in Parliament’s plenary session, which was previously expected to take place by the end of 2022, was postponed to February in November, also due to translation issues.