The Markets in Crypto-Assets (MiCA) regulation, which provides a regulatory framework for crypto assets in the European Union, took effect on June 30, 2024, starting with rules on stablecoins

Quotes that support claims

MiCA provides regulatory clarity to the entire digital assets market across the Eurozone, making Europe one of the first Western countries to implement a clear framework that crypto exchanges, digital assets companies, and stablecoin issuers can adopt to remain compliant

The European Union's Markets in Crypto-Assets Regulation (MiCA) came into partial effect in June, with new rules concerning stablecoins coming into force on June 30

Related topics

Policy & regulations