What does the new MiCA regulation mean for crypto-asset service providers?

The European Union’s Markets in Crypto Assets regulation (MiCA) takes effect in 2024, establishing a new and unified regulatory framework for crypto-assets across all European Union member states.
What does the new MiCA regulation mean for crypto-asset service providers? Michal Gromek, leading expert of the OSCE Project on Innovative Policy Solutions to Mitigate Money Laundering Risks of Virtual Assets, shares his opinion.
Michal Gromek visited Riga to conduct a seminar for experts from Latvijas Banka and the Financial Intelligence Service under EEA programme. And we seized the opportunity for a short talk.