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SEC Commissioner Endorses MiCA as a Model for US Crypto Rules

SEC Commissioner Hester Peirce has endorsed the European Union's Markets in Crypto Assets (MiCA) law as a potential model for crypto rules in the United States. Peirce believes that MiCA's regulatory approach could serve as an example for other countries to follow. The MiCA regulation aims to streamline the crypto industry's regulatory infrastructure and define the parameters of crypto regulation more precisely. Peirce's support of MiCA creates exciting possibilities for the future of crypto regulation, as the commissioner's comments shed light on the trend of progressive US regulatory systems being influenced by European legislation.

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