MiCA faces early tests when regulators in EU countries disagree on passport system

According to Coinjie.com, less than a year after the implementation of the EU MiCA framework, regulatory arbitrage issues have emerged. French, Italian and Austrian regulators are worried that the pass system may lead companies to choose areas with loose regulatory measures. Experts point out that inconsistent implementation of rules may threaten single-market commitments and small companies are facing huge compliance pressures.