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Moldova plans to introduce cryptocurrency legislation by the end of 2026, aligning with the EU's MiCA framework.
BlockBeats News, January 16, Moldova's Minister of Finance Andrian Gavrilita stated that Moldova plans to introduce its first comprehensive cryptocurrency legislation by the end of 2026, aligning its regulatory framework with the European Union's Markets in Crypto-Assets Regulation (MiCA). The related laws will allow citizens to legally hold and trade cryptocurrencies but will not recognize them as legal tender.
Gavrilita pointed out that the government is working with the central bank, financial market regulators, and anti-money laundering agencies to develop the legal framework to fulfill its alignment commitments with the EU. He emphasized that cryptocurrencies should be seen more as a high-volatility speculative field rather than a traditional investment, but citizens still have the right to participate in related activities under compliance.
Reports indicate that this legislation will become Moldova's first formal cryptocurrency legal system. Previously, the Moldovan central bank had issued warnings about the price volatility and money laundering risks of cryptocurrencies. Against the backdrop of this legislative push, the EU's MiCA entered into full force at the end of 2024, becoming the first unified regulatory framework covering the crypto industry in Europe. (Cointelegraph)
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