Speaking on Cointelegraph’s Chain Reaction, Christian Tramer said MiCA increased trust in regulated platforms and called for tougher enforcement against non-compliant entities.
According to Christian Tramer, co-CEO of Austria-based crypto exchange Bitpanda, European crypto users are placing more trust in regulated platforms following the implementation of the European Union’s Markets in Crypto-Asset Framework (MiCA).
Speaking on Cointelegraph chain reactionTramer said most users have “more trust” in regulated market participants and trust those platforms after the MICA rollout.
In what he describes as a “crypto Twitter” bubble with a focus on self-preservation, he says most users prefer regulated providers rather than managing their own private keys.
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