MiCA Leaves Europe's Crypto Derivatives Market Largely Unregulated

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The European Union's landmark crypto regulation, MiCA, was not designed to cover the crypto derivatives market, leaving a significant gap in oversight. Patrick Gruhn, founder and CEO of Perpetuals.com, warns this omission could pose serious risks. While MiCA tightens rules on offshore crypto activity in Europe, the derivatives segment — often considered among the riskiest in crypto — remains largely outside its scope. Experts suggest this regulatory blind spot could expose European investors and markets to substantial vulnerabilities.

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