#EU crypto

The European Union (EU) has just passed the world's first comprehensive legislation on market rules covering crypto assets and crypto transactions. As reported by Reuters and Watcher Guru, the rules will require the reporting and identification of all crypto transactions across the 27 EU states and the need for crypto firms who want to trade or issue stablecoins to obtain a license. These are just some of the highlight rules featured in the European Union's Markets in Crypto Assets or MiCA. The new rules are aimed at protecting European citizens from money laundering and fraudulent acts via crypto. Names such as Axie Infinity and My DeFi Pet have been circulating all around the internet because of their play-to-earn gaming structure with cryptocurrencies. The play-to-earn system has recently been added last June, but additional ways players can earn is transferring trade items for more NCGs, which can then be converted into cryptocurrency. CryptoBlades CryptoBlade was officially released on May 2021. Cryptoblade also has packages for new players that help them start; its package prices range from USD 101 to USD 206. Read more in our articles including "EU passes law requiring reporting of all crypto assets" and "Blockchain games you probably haven't heard of".