Europe's MiCA Regulation Raises Concerns for Stablecoin Issuers and Web3 Firms

Europe's upcoming Markets in Crypto-Assets Regulation (MiCA), effective December 30, poses significant challenges for stablecoin issuers by requiring them to hold at least 60% of reserves in European banks.

Oct 29, 2024 - 05:44
Europe's MiCA Regulation Raises Concerns for Stablecoin Issuers and Web3 Firms
StablecoinEurope's upcoming Markets in Crypto-Assets Regulation (MiCA), effective December 30, poses significant challenges for stablecoin issuers by requiring them to hold at least 60% of reserves in European banks.

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