Experts Say MiCA Works, but Clarity Is Still Needed

[kevin1]

Industry leaders say MiCA’s overall structure is sound, especially its focus on regulating crypto service providers rather than peer-to-peer use.

However, unresolved technical questions — such as what it means to return client assets “immediately” — are slowing adoption, particularly for banks, as firms await further guidance from ESMA.

[Abdul Khan]

MiCA is a strong framework, but clearer guidance is necessary.

[Nahid Hossen]

More clarity would reduce compliance confusion for crypto firms.