On this week's episode of The Crypto Mile, our host Brian McGleenon interviews Belgium's digital minister Mathieu Michel, who discusses the EU's plans to "bring order to crypto" and develop its own official, regulated blockchain. Michel emphasizes the need for trust and regulation in the rapidly evolving crypto ecosystem and asserts that crypto should be viewed not merely as a currency, but as a document of value, a means to exchange value, credentials, property ownership, and a way to protect privacy. The conversation also covers the EU's MiCA (Markets in Crypto Assets) legislation, with Michel explaining that the new regulatory framework aims to strike a balance between innovation, security, and privacy without hindering progress. By establishing trust through clear, proactive regulatory guidelines, Michel believes MiCA can help Europe build a robust ecosystem and capitalise on the upcoming wave of web3 innovation. The EU is also focused on creating a safe investment environment and plans to develop concrete blockchain applications in 2024 with the creation of 'Europeum', a blockchain for Europe. This official blockchain will concentrate on the exchange of data related to the bloc's citizens, such as driving licenses, identity cards, and property deeds. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV