Patrick Hansen: all major issues of the two EU cryptocurrency regulations have been agreed

[Patrick Hansen: all major issues of the EU's two cryptocurrency regulations have been agreed] golden financial report, Patrick Hansen, an encryption venture capital consultant at presight capital, said on social media that the last meeting of the EU's two most important cryptocurrency regulations mica (POW ban) and TFR (unmanaged wallet) will be held next Thursday, June 30. At present, almost all major issues have been agreed, but there are still some open issues. For example: 1. Should NFT be within or outside the scope of mica? The Council / parliament initially objected to the inclusion of the Commission for consumer protection reasons, but now seems to have accepted the Commission's compromise proposal. The possible result is a compromise, that is, most NFT issuers are exempted, but companies (markets, etc.) that provide services on the third-party NFT are not exempted. 2. there is no exemption for algorithmic stable currency. Among them, there are high regulatory requirements for the issuers of EMT and art. In addition, the stable currency is not allowed to have CASP interest. 3.defi will be excluded from mica after long negotiation. The committee will issue a separate report in 2023 and launch a special pilot project for new forms of embedded DFI supervision. 4. the impact of encryption on the environment is contrary to what some media claim. Fortunately, the bitcoin ban is no longer on the table. However, there will be comprehensive disclosure requirements (specified by Esma) for each encrypted asset (such as BTC) that CASP provides services for.