The European Council has approved the Markets in Crypto Assets (MiCA) law.

The European Parliament support the legislation which will require inflexible rules for crypto firms. 

A previous action scheme for the Parliament to vote in December has been drop because of the length and complexity of the text.

MiCA split crypto-assets into e-money (stablecoins), asset referenced tokens which include stable coins backed by other assets, everything else. 

Martin Bruncko, Binance’executive vice president of Europe, told that the European crypto scenery is fragmented. All 27 European countries have different rules from restrictive to non-existent. 

Everyone have to be happy about MiCA’s approval, because it’s creating a unique market and the same application rules. 

SOURCE: CoinTelegraph 

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Members of the European Parliament approved a law to use a common single charger reform.

The proposal was accepted almost by the unanimity of parliamentarians: 602 lawmakers voted in favor. 

All Apple INC devices must be use USB Type-C charging port by the end of 2024. 

Also Apple’s products were sold in Europe must be furnish by the same charger.

“The common charger will simplify the lives of Europeans. No more obsolete chargers piling up in drawers, reducing costs for European citizens.” - said Vestager, Commission Executive Vice President. 

In fact, this plan will reduce production and the disposal of new charges. 

Will cut down an environmental waste and it would save around $247 million a year. 

SOURCE: CNBC

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