As per the official announcement, the partnership enables FreeBnk users to obtain an IBAN via E Money Network’s compliance-focused protocol to conduct cross-border financial transactions and manage their affairs easily and securely.
The EU’s Markets in Crypto-Assets Regulation (MiCA) has impacted the blockchain industry since its implementation. Designed as a foundational framework for common blockchain oversight, MiCA stands as one of the most comprehensive and extensive regulations for the digital asset industry. MiCA has prioritised compliance and security for blockchain users and projects, particularly in the growing tokenised real-world asset (RWA) sector, which is projected to reach a value of USD 10 trillion by 2030.
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