The Man Who Helped Write Europe's Crypto Law Reveals What He Would Change About It

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Is Europe's landmark crypto regulation actually working, or is it creating new problems while solving old ones? ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Ondřej Kovařík is a Member of the European Parliament representing the Czech Republic, a member of the Committee on Economic and Monetary Affairs, and was Renew Europe's shadow rapporteur on MiCA, making him one of the key architects of the world's first comprehensive crypto regulatory framework. In this conversation he gives the most candid insider assessment of MiCA you will find anywhere, including what he would change about it right now. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ He explains: ◼️ Why MiCA is a good regulatory framework on paper but is struggling in implementation ◼️ Why treating a small crypto startup with the same rules as Coinbase is a serious problem ◼️ Why Europe still does not have a meaningful euro denominated stablecoin and what is blocking it ◼️ Why the US Clarity Act could put America ahead of Europe in crypto regulation overnight ◼️ Why MiCA has no mechanism to recognize or cooperate with UK or Swiss crypto frameworks ◼️ Why CBDCs and stablecoins are completely separate policy choices and should be treated that way ◼️ What the European Commission's new market integration package means for tokenized assets ◼️ What Ondřej would actually change about MiCA if he could rewrite it today ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Follow Ondřej: LinkedIn — https://din.com/in/okovarikmep European Parliament — https://europarl.europa.eu ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🔗 More from BeInCrypto: 👉 Subscribe: https://www.youtube.com/@Beincrypto 👉 BeInCrypto: https://beincrypto.com 👉 X / Twitter: https://twitter.com/beincrypto 👉 Telegram: https://t.me/+U8DQNp4b8Gw3YmZi ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ [00:00] Intro [00:30] Is MiCA Actually Working? [02:00] Did MiCA Achieve What Lawmakers Intended? [03:30] The Trust Problem MiCA Was Built To Solve [05:00] What Is Still An Open Question In MiCA? [06:00] Why MiCA Has No International Recognition Mechanism [08:00] CBDCs vs Stablecoins: Are They The Same Thing? [10:30] Why Europe Has No Euro Stablecoin Yet [12:30] Is Europe Ahead Of The US On Crypto Regulation? [15:00] What Is The EU Market Integration Package? [17:00] What Would Ondřej Actually Change About MiCA? [19:30] The Proportionality Problem: Startups vs Coinbase [21:00] Why All Crypto Laws Need To Be Aligned #MiCA #EUCrypto #CryptoRegulation #OndrejKovarik #EUParliament #Stablecoins #ClarityAct #CryptoLaw #DigitalAssets #BeInCrypto
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