EU regulators just made a CRUCIAL call on blockchain miners/validators under MiCA – excluding them from market abuse oversight.
Why? Forcing them to police transactions would break blockchain’s neutral infrastructure
BIG win for credible neutrality 🧵
Sanctions angle: While miners stay neutral, CASPs (exchanges) MUST monitor flows. MiCA still empowers regulators to freeze funds at the exchange level
Cypherpunk win all the same: infrastructure ≠ financial actors
Link to full paper: esma.europa.eu/sites/default/f...…
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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