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EU Regulator Warns Soaring Inflation Could Drive Investors to Crypto — Calls for Unified Regulatory Framework – Regulation Bitcoin News

Summary by Ground News
The European Securities and Markets Authority (ESMA) has warned that soaring inflation may drive retail investors into cryptocurrencies. The regulator has also called for a formal legal framework to govern the crypto industry across all EU countries. The European Parliament and the European Council are currently considering the Markets in Crypto Assets (MiCA) bill.
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Bitcoin.com broke the news in on Wednesday, June 1, 2022.
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