Is MICA Good or Bad?
In this episode, I explore the key elements of the MICA regulation that was approved in the spring of 2023, its problematic elements, and the implications it will have in the FinTech space.
If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just click here to review, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is.
Today’s episode:
- [00:53] An overview of the key topic of today’s episode.
- [01:41] The difference between a regulation (like MICA) and a directive.
- [03:08] Why MICA is such a significant regulation.
- [04:35] The two broad token categories.
- [06:43] Elements of the MICA regulation that I believe are problematic.
- [12:30] What triggered the creation of the MICA regulation.
- [13:10] Some of the positive aspects of MICA.
- [14:32] My thoughts on the future of DAOs.
- [16:01] An overview of the “good” versus the “bad” sides of MICA.
Show links:
- Interested in FinTech compliance? – Consider investing in the FinTech Compliance Self-Starter Package!
- Want more insights about FinTech and Compliance delivered directly to your inbox? Let’s stay in touch! Click here.
[…] Start listening to this episode on the Compliance That Makes Sense podcast – Click here! […]