"The EU is set to adopt the first cryptocurrency regulation under MiCA, starting June 30. This could create major changes for the cryptocurrency industry in Europe. 🇪🇺#cryptocurrency# EU#MiCA#regulation

This new regulation will create a clearer regulatory environment for businesses and cryptocurrency users. Cryptocurrency exchanges may have to remove non-compliant stablecoins or limit services to users in the EU and EEA.

Cryptocurrency businesses in the EU need to stay informed about regulations and eventual changes. They need to ensure eligibility for licensing, including organizational, management and capital requirements.

Cryptocurrency users in the EU need to prepare for a changing ecosystem, with less access to some assets but "more transparency about how these tokens operate".

What do you think about these changes? Please leave your opinion in the comments section!#crypto#EUregulation #MiCA"