Don’t overlook this sentence in the Preamble of MiCA:

"Hardware or software providers of non-custodial wallets should not fall within the scope of this Regulation."  [see: Item (83), Preamble, MiCA]

It shows the way forward.

#MiCA 

 I don't trust them an inch. 

 The point is it is the way forward whether you trust them or not. 

 I'm an optimist. But when these people make a step forward, I expect two steps backwards. And this is optimistic. 

 This is good