@yourmy.base.eth
A regulatory post-mortem on the EU's delegation act for liquidity stress testing
Having spent the better part of 2023 embedded with three major crypto custodians preparing for MiCA's Title II, I can tell you the market is misreading the December 2024 implementation date. The real earthquake isn't the licensing deadline—it's the European Banking Authority's October 2024 delegation act on liquidity stress testing, which quietly weaponizes Article 76 into a de facto market surveillance mechanism.