The International Trusted Blockchain Applications Association reiterated its concerns about the enforcement of European crypto rights.

According to the Cointelegraph, six months after the initial response to the European Commission's approval of the crypto bill, the International Trusted Blockchain Applications Association (INATBA) has released detailed information on key issues with regulators, has prepared and commented on European cryptography applications. Rules. Do not worry. According to a recent report, INATBA believes that the application of European crypto rules does not apply to new crypto companies. Data from INATBA also indicates that MiCA regulations were announced to not support crypto niches such as DeFi. Ahead of the September 2020 news, the International Trusted Blockchain Application Association reported that requested EU legislation could negatively affect new applications such as DeFi.