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Moldova To Legalize Cryptocurrencies Aligned With EU MiCA Regulation

Cointelegraph
Moldova plans to introduce comprehensive crypto legislation by the end of 2026, aligning with the EU's MiCA framework.

Summary

Moldova's Finance Minister, Andrian Gavrilita, announced plans to introduce comprehensive cryptocurrency legislation by the end of 2026, designed to align with the European Union’s Markets in Crypto-Assets Regulation (MiCA). The goal is to legalize the holding and trading of cryptocurrencies for citizens while explicitly avoiding recognition of digital assets as a means of domestic payment. Gavrilita emphasized that while cryptocurrencies are a speculative domain, citizens have the right to operate them, and the government has a responsibility to regulate them in engagement with the EU. The draft legislation will be developed collaboratively by the Finance Ministry, the National Bank of Moldova, the financial markets regulator, and the Anti-Money Laundering authority. The minister cited Estonia's legislative simplicity as a potential model.

(Source:Cointelegraph)