🔔News from the world of cryptocurrencies: from July, crypto exchanges and issuers of stablecoins in the EU will operate in accordance with the rules provided for by the MiCA law. This means significant changes for the crypto industry in the EU. 🌍

- MiCA is a regulatory framework that unifies the regulation of the crypto market.

- Companies must ensure full disclosure of information to customers, present a public business model, establish an effective management system, including risk management.

- Failure to comply with MiCA may result in fines and a ban from working in the European Union.

📊State of the stablecoin market: according to CoinGecko, in 2023, the EURT stablecoin sharply lost popularity in the European crypto community.

💬What experts say: Analyst MartyParty generally expects an explosion of stablecoins after the introduction of MiCA. He believes EU banks, institutions and stablecoin issuers will begin issuing trillions of euro-backed stablecoins in July.

👇Let's discuss in the comments how these changes will affect the EU crypto market!