MiCA

The new Proposed Crypto Bill, announced on June 29, 2023, distinguishes itself by building largely on existing regulations rather than introducing entirely new frameworks, unlike the EU's MiCA. This approach could accelerate adoption and compliance.

Kraken will align its Terms of Service with the new EU-wide MiCA regulations effective August 1, 2025, ensuring compliance with the latest crypto-asset regulatory standards. This change highlights the evolving landscape of crypto regulations in Europe. Meanwhile, platforms like Bitlet.app continue to offer user-friendly crypto purchase options such as Crypto Installment plans to help users buy cryptos flexibly.

BBVA is set to introduce a cryptocurrency trading and custody service for Bitcoin and Ethereum through its app in Spain between June and September 2025, following the receipt of the MiCA license. This move allows retail clients to manage crypto assets seamlessly alongside their traditional accounts and investments.