European lawmakers are energetically shaping the cryptocurrency industry with precise guidelines. The Markets in Crypto-Assets Regulation (MiCA) of the European Union has started to come into force on June 30, with a special emphasis on stablecoins. In December, more regulations will be introduced for crypto asset service providers. This extensive framework, which has been in the works since 2020, represents the EU's inaugural unified set of rules for the crypto asset market.
Europe to dominate crypto trading volume to reach $108 trillion market by 2024
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