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Crypto Regulation 2022: What's Happening and What To Expect?The OCC released an interpretative letter explaining the processes a bank may demonstrate that it will engage in crypto related activities in a safe manner. 36 In September , the European Commission proposed the Markets in Crypto-Assets Regulation (MiCA)�a framework that increases consumer protections. The government aims to introduce laws for the crypto industry before Parliament by , according to the paper.