Regulation

The EU MiCA regulation for stablecoins will come into force on June 30th

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The European Union’s Markets in Cryptocurrency Regulation (MiCA) will partially enter into force on June 30, targeting stablecoins.

The European Union’s Markets in Cryptocurrency Regulation (MiCA) will partially enter into force on June 30, targeting stablecoins.

In just three days, industry giants like Bitstamp and Binance have been preparing for the new rules, which are expected to impact many EU cryptocurrency users.

The regulation aims to provide a comprehensive regulatory framework for digital assets, a move that some experts believe Europe has achieved before other jurisdictions, including the United States.

The implementation of MiCA, which comes into force this Sunday, has raised several concerns among stakeholders regarding its potential impact on the market, including six key concerns.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including sources for the article, visit DeepNewz.

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