Circle: Non-compliant stablecoins to'disappear 'from European Union in short to medium term
2024-07-02 12:55:09
Circle representation compliance mica regulation stablecoin short term European Uniondesk3cryptocurrencydesktopCrypto News
Circle said stablecoins that do not comply with MiCA regulations will "disappear" from the European Union market in the short to medium term. Circle on Monday became the first global stablecoin issuer to be licensed in the European Union. With the launch of the European Union Crypto Asset Market (MiCA) regulation, Patrick Hansen, director of European Union strategy and policy at Circle, and Dante Disparte, chief strategy officer, expect a "transformative" year ahead for the European crypto market.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Circle：不合规的稳定币将在中短期内从欧盟“消失”Next article：
Backpack Exchange任命花旗高管为审计主管
