MiCA Regulation: Circle Exec Reveals How This EU Law Impacts Crypto Market
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Circle's Patrick Hensen reveals how the EU's MiCA regulation will transform the crypto market, predicting EUR stablecoin growth, and increased bank involvement.
Highlights
MiCA regulation to boost EUR stablecoin market cap fivefold in one to two years.
USDC is expected to become the dominant stablecoin in EU crypto capital markets.
Banks and financial institutions to enter the crypto space under a simplified MiCA notification process.
The EU’s Markets in Crypto-Assets Regulation (MiCA) regulation has gained notable traction lately, with several market watchers anticipating it to revolutionize the crypto landscape.