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. The implementation of MiCA, which takes effect this Sunday, has raised several concerns among stakeholders about its potential impact on the market, including six key concerns.
.@ddisparte with a powerful call for action on U.S. digital asset regulation ahead of MiCA's entry into application next week: "Europe has succeeded in doing what other jurisdictions, including the U.S., are still avoiding" https://t.co/FySkSOSMUp
Europe’s stablecoin laws are going live — here’s six key concerns as MiCA rolls out https://t.co/MKXokk3viN
With the first part of the MiCA crypto regulation set to take effect Sunday, "Europe has succeeded in doing what other jurisdictions, including the U.S., are still avoiding," writes @ddisparte of @Circle. Opinion. https://t.co/YIiPeWIBk6
🇪🇺 On June 30, #MiCA takes partial effect in Europe. What does this mean for digital securities? Our latest newsletter breaks it down. Discover the key highlights below 👇 https://t.co/LkRigH8wR8
The European Union's restrictive rules on stablecoins are set to come into force within days. But how ready are issuers? @camomileshumba reports. https://t.co/6fAxtuWlM9
😳 MiCA's (almost) here, now what? In just 3️⃣ days, #MiCA will become applicable to #stablecoins. At the forefront of this are industry giants with listed stablecoins, such as @Bitstamp and @binance, whose MiCA prep has kept many EU crypto users awake at night. https://t.co/wYzRzaV9Mj