Croatia shapes crypto regulations before MiCA takes effect

posted  23 Aug 2023
Photo - Croatia shapes crypto regulations before MiCA takes effect
With MiCA's launch on the horizon, Croatia's government is hard at work developing rules to address the shortcomings. This includes a June directive that mandates all cryptocurrency companies to register within a two-month period.

Officials are now on the path to implement "passporting," a MiCA feature that permits financial entities from a single country to serve the entire European Union under their home country's rules.

Croatia's intention with these moves is to make the nation more appealing to cryptocurrency companies than other EU countries.