Svmuu News: Moldovan Finance Minister Andrian Gavrilita stated that Moldova plans to introduce its first comprehensive cryptocurrency legislation by the end of 2026, aligning its regulatory framework with the EU’s Markets in Crypto-Assets Regulation (MiCA). The legislation will allow citizens to legally hold and trade crypto assets, but will not recognize them as legal tender. Gavrilita noted that the government is working with the central bank, financial market regulators, and anti-money laundering authorities to develop a legal framework to fulfill its commitment to align with the EU. He emphasized that crypto assets should be viewed as a highly volatile speculative sector rather than traditional investments, though citizens retain the right to engage in related activities provided they comply with regulations. Reports indicate that this legislation will constitute Moldova’s first formal legal framework for crypto assets. Previously, the National Bank of Moldova had repeatedly issued warnings regarding price volatility and money laundering risks associated with crypto assets. Against the backdrop of this legislative push, the EU’s MiCA came into full effect at the end of 2024, becoming Europe’s first unified regulatory framework covering the crypto industry. (Cointelegraph)