Mikathe main legislative framework for the regulation of cryptocurrencies, tokens and financial instruments is on the homestretch and that framework covers all European Union countries, but there are still some knots to unravel when it comes to NFTs. .
NFTs for sale by Stefan Berger
Stefan Berger, European Parliament drafter on MiCA The cryptocurrency law recently came into the limelight when he put an NFT he created himself up for sale. Non-fungible token pair of sandals.
The design created by Beger represents a set of slides called “Bergotten” and symbolizes the first steps in the cryptocurrency revolution.
Mr Berger, who has devoted his expertise and efforts to implementing the Framework Act on this matter, acknowledges the difficulty of understanding the entire estate and therefore delays in implementation. micabut at the same time he tries to emphasize in this act how much the need NFTs And how similar in nature to digital currencies.
in this regard, Stephen BergerMEPs (MEPs) Said:
“What was tradable yesterday is tokenized on the blockchain today.
Agreement on EU MICA
Agreement above mica involve parliament, European Council and European Commission After months of negotiations, an agreement has been reached that will be drafted and applied to all 27 Member States of the EU.
Berger is against blocking all currency-dependent servicing. proof of work (PoW) mining.
If BurgerCryptocurrencies such as Bitcoin will be specifically banned if they oppose the current victory of .
Production of bitcoin from mining It required a significant amount of power and caused a negative reaction on the continent among working tools.
Peter Kerstens European Commission Innovation Advisor and cyber security policy, said EU MPs have a very narrow view NFTs topic.
beside Korea Blockchain Weekthe Advisor states that if a token is issued as a collection or series, the person who created it NFTs Each token is unique and regulators cannot Consider them NFTsBasically, the crypto standard also applies to NFTs.