The European Union’s landmark crypto regulation, Markets in Crypto Assets (MiCA), won’t see a final vote in the European Parliament until April, stalling the process for the new rules to be enforced. 

The delay is “technical” and most likely caused by issues in translating the almost 400-page file into the 24 official languages of the bloc, an EU Parliament spokesperson told to The Block.

The vote in Parliament’s plenary session, which was previously expected to take place by the end of 2022, was postponed to February in November, also due to translation issues.

(By Inbar Preiss)