@blaze54flame
The EU’s Markets in Crypto-Assets (MiCA) regulation, fully effective by December 30, 2024, with stablecoin rules starting June 30, 2024, significantly impacts crypto exchanges and stablecoin issuers. Exchanges must now obtain licenses as Crypto-Asset Service Providers (CASPs), enforcing strict transparency, anti-money laundering (AML), and market abuse prevention measures. Stablecoin issuers face rigorous authorization, requiring EU-based operations, approved whitepapers, and liquid reserves, with non-compliant coins like USDT facing delisting (e.g., Binance’s March 31, 2025, deadline).
0 reply
0 recast
0 reaction