Be aware that I have just broken the European #MICA law by telling you this.
quotingFrom ofrnxmr in #Monero SimpleX room:
nevent1q…5dj3
⚠️ July 1st is here. #MiCA is fully in effect for the 450M EU residents
A MiCA license is required to:
🔸custody client coins
🔸operate a crypto <> crypto exchange
🔸operate a crypto <> fiat exchange
🔸execute orders on behalf of clients
🔸place crypto assets
🔸receive and transmit orders for crypto
🔸advise on crypto
🔸manage clients crypto portfolio
🔸provide transfer services for crypto
❗️Advertising non compliant services to EU residents is illegal
