MiCA regulatory framework in the EU entails comprehensive guidelines for crypto asset service providers, balancing innovation and investor protection.
MiCA requires licensed CASPs to report activities, while unlicensed entities face strict authorization processes and must handle client complaints effectively.
The regulation under MiCA affects stablecoin issuers like Tether and USD Coin, compelling non-Euro tied stablecoins to halt issuance if certain criteria aren't met.
#cryptocurrency-regulations #mica-framework #stablecoins #eu-regulations #crypto-asset-service-providers
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