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RE: Plato, Paddy, and MiCA - a running commentary

in #cryptolast year

great article! I haven't actually taken the time to go through it in this detail, but I think you saw my take on MiCA and TOF here. I simplified the goals as to what I think they actually want to achieve as 3 major goals coming in different legislative packages. I agree with the EU that regulation needs to be implemented to outline how cryptos should be handled. But the underlining sentiment is clearly biased against individual (financial) freedom and autonomy. Fortunately, the crypto space can "simply" use an alternative road named DeFi which cannot be regulated. Restrictive measures have often also lead to more innovation, so it's not all bad...

@tipu curate