@star87knight
The EU’s MiCA regulation, effective December 2024, imposes strict licensing, transparency, and reserve requirements on crypto exchanges and stablecoin issuers. Exchanges must secure authorizations, enhancing consumer trust but raising compliance costs. Stablecoin issuers face stringent audits and EU-based operations, prompting delistings of non-compliant tokens like Tether. Short-term market disruptions may occur due to adaptation costs, but long-term, MiCA fosters stability, attracting institutional investors and legitimizing the EU crypto market.
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