Bitpanda CEO Eric Demuth said the European Union’s Markets in Crypto-Assets regulation, or MiCA, has helped raise consumer confidence in cryptocurrency. According to the brief report cited by Techub News from Crypto Briefing, Demuth said the regulatory framework is supporting growth in the European market and helping cross-border business activity. The comment links a clearer regulatory structure with stronger trust among retail participants dealing with regulated crypto companies. The report did not provide further details beyond Demuth’s remarks.
Bitpanda CEO Eric Demuth said the European Union’s Markets in Crypto-Assets regulation, known as MiCA, has increased consumer confidence in cryptocurrency, according to Techub News, citing Crypto Briefing.
Demuth said the regulatory framework has also supported growth in the European market and cross-border business.
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