menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

EU’s MiCA ...
source image

Coindoo

4d

read

215

img
dot

Image Credit: Coindoo

EU’s MiCA Framework Gains Traction as Over 50 Crypto Firms Secure Licensing

  • Over 50 crypto firms have obtained MiCA licenses, allowing them to offer services across the European Economic Area without individual country approvals.
  • 14 firms, including Circle and Crypto.com, are authorized to issue stablecoins and e-money tokens, with offerings pegged to various currencies.
  • Tether, the issuer of USDT, has not aligned with MiCA requirements, leading to delistings within the EU.
  • MiCA's impact extends to crypto trading platforms, with 39 companies approved, positioning the EU as a regulatory leader in the global crypto space.

Read Full Article

like

12 Likes

For uninterrupted reading, download the app