BlockBeats News, June 2nd, according to Cointelegraph, Acheron has become the first cryptocurrency market maker to obtain a CASP license under the EU's MiCA regulation.
MiCA (Markets in Crypto-Assets Regulation) is a comprehensive crypto asset regulatory framework officially set to take effect in the EU in June 2023. It establishes unified rules for the crypto asset market across the EU's 27 member states, filling the gaps in the existing financial services regulations that do not cover the crypto asset space.
