CEO of Btc. x advocates for crypto framework acceptance in Europe, highlights mining and Bitcoin's potential amid challenges.
Christian Anders, the CEO of Btc. x has said that despite the Markets in Crypto Assets being signed into law
, the European Union might need to do a lot of more lobbying of different regulators in Europe and work with the different governments. In an interview with Cointelegraph, Anders noted that for the crypto framework stated in MiCA to be accepted in most European countries like Sweden, a bit of “pushing” might be required. He stated that MiCA gives the crypto industry a framework to operate with and is expected to bring clarity.of the MiCA framework, while acknowledging that governments like Sweden are reluctant to issue new licenses for crypto companies.
Anders remains optimistic about Bitcoin, dismissing any negative notions. He believes that the efforts of banks and governments to impede cryptocurrency's growth only fuel his enthusiasm. He asserts that Bitcoin's superiority becomes evident in comparison to the flaws of the fiat system and the stress caused by inflation.The CEO highlighted the rise of the mining industry with companies like Intel entering and manufacturing mining machines. He noted that Bitcoin mining is gaining traction in Europe, especially with the increasing use of renewable energy. Additionally, he emphasized that the younger generation's affinity for these technologies solidifies their role in shaping the future.
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