"EU's Crypto Regulations: Progress and Challenges Ahead"

Despite the Markets in Crypto Assets (MiCA) being signed into law, the CEO of Btc. x believes that the European Union (EU) needs to do more lobbying of different regulators in Europe and work with different governments to implement the crypto framework stated in MiCA. He also noted that governments like Sweden are reluctant to issue new licenses for crypto companies, which could delay the progress of the framework. The CEO remains optimistic about Bitcoin and highlighted the rise of the mining industry with companies like Intel entering and manufacturing mining machines.