• Sat. Oct 5th, 2024

EU s MiCA Regulation for Stablecoins Set to Take Effect June 30

Jun 28, 2024

The European Union's Markets in Crypto-Assets (MiCA) regulation is set to take partial effect 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 crypto users.

The regulation aims to provide a comprehensive regulatory framework for digital assets, a move that some experts believe Europe has achieved ahead of other jurisdictions, including the U.S.

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[Source: TheDefiant]

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