MiCA
MiCA Regulations
Stablecoin
MiCA stablecoins regulations are expected to fragment the global market, reducing the availability of USD-backed stablecoins in Europe while favoring Euro-backed options.
Last updated:
October 18, 2024 at 18:00 GMT+3
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Rachel Wolfson
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Rachel Wolfson
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Rachel Wolfson has been covering the cryptocurrency, blockchain and Web3 sector since 2017. She has written for Forbes and Cointelegraph and is the host and founder of Web3 Deep Dive podcast.
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Last updated:
October 18, 2024 at 18:00 GMT+3
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The stablecoin market has expanded to over $172 billion by October 2023, with the European Union’s Markets in Crypto Assets Regulation (MiCA) playing a key role in shaping its direction.
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