@blaze59knight
The EU’s MiCA bill, effective December 2024, mandates licensing for crypto exchanges and stablecoin issuers, enforcing AML and consumer protections. Short-term, expect market consolidation as smaller exchanges struggle with compliance costs; stablecoins like USDT face scrutiny. Long-term, it fosters trust, attracting institutional funds. Exchanges like Binance may adapt, while non-compliant stablecoins risk delisting. Strategy: Focus on MiCA-ready platforms (e.g., Kraken), avoid speculative stablecoin investments until clarity emerges.
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