CryptoCoinDeskabout 2 hours ago
Ledger CTO: EU compliance costs choke Web3 innovation
1 min read
Charles Guillemet, Ledger CTO, said MiCA rules impose capital requirements from 50,000 to 150,000 euros plus millions in legal and compliance costs. The regulation unintentionally favors large financial institutions over crypto startups, shifting the competitive advantage away from native Web3 companies.
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