📢 News from the world of cryptocurrencies: Regulation of markets for cryptoassets (MiCA) in the European Union is becoming an important milestone in the development of the cryptoindustry. Stablecoin regulations will come into effect from June 30, 2024, and full implementation of MiCA is expected on December 30, 2024. 🌐

This transition period will lead to market consolidation as not all existing service providers will receive MiCA licenses. At the same time, EU countries are actively competing for the status of the main center of crypto activity.

Despite the challenges, MiCA is instilling confidence in European companies through enhanced regulatory oversight and the involvement of institutional participants.

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