📢🔔 The EU's Crypto Asset Market Act (MiCA), which will come into force on June 30, brings new rules for stable coins! 💱🚫 This rule prohibits more than 1 million payment transactions or more than 2 billion euros per day. Stable coin issuers such as Tether and Circle must obtain the necessary electronic money license by the end of the month to operate legally in the EU. 📜🏦 The EU Banking Authority (EBA) will publish a final report detailing how it will monitor the compliance status of stablecoin issuers by the end of the month.