Global crypto regulations are clearly trending toward strictness, as we will see when Europe’s MICA takes effect next year. The extensive regulations for the 27 member states of the European Union, covering about 450 million people, are going to be anything but lax. And yes, it is possible to be too strict. That’s why it’s so important for regulators to be flexible and open to talking to the industry, so that they can make appropriate changes if overbearing rules are making it impossible for businesses to thrive.
