Gavrilita pointed out that the government is working with the central bank, financial market regulators, and anti-money laundering departments to develop a legal framework to fulfill its commitment to connect with the EU. He emphasized that crypto assets should be regarded as a highly volatile speculative area rather than a traditional investment, but citizens still have the right to participate in related activities on the premise of compliance.

The report stated that the legislation will be Moldova's first formal crypto legal system. Previously, the Moldovan central bank had repeatedly warned about the price volatility and money laundering risks of crypto assets. Against the background of this legislative advancement, 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)

[Odaily]