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Kris (Krzysztof) Piech · Feb 18, 2026

MiCA Is the Entry Regime. Europe Still Needs Prudential Crypto Supervision

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MiCA harmonises market access for crypto intermediaries. It does not yet standardise crisis readiness for fast runs, intraday liquidity shocks, and orderly wind-downs.

See it on kpiech.substack.com

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