Which international association has approved the "Markets in Crypto Act"?
Correct answer: C. European Union
- A. G-20
- B. G-7
- C. European Union
- D. Asean
Explanation
The Markets in Crypto-Assets, or MiCA, framework was approved by the European Union to regulate crypto-asset issuers and service providers across the bloc. It is not a G20, G7 or ASEAN law.
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About Global Economy
Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
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