đ **Crypto News Flash: EU Crypto Market Set for Major Growth by 2025!** đ
- **Patrick Hansen**, Circleâs European strategy director, predicts significant advancements in the EU's crypto and stablecoin market by late 2025.
- Speaking at the **European Blockchain Convention in Barcelona**, Hansen highlighted the **Markets in Crypto-Assets Regulation (MiCA)** as the key driver.
- MiCA provides comprehensive guidelines for governments, institutions, and investors, setting requirements for crypto exchanges and stablecoin reserves.
- Circleâs USDC was the first to snag MiCAâs inaugural stablecoin license, with its euro-pegged stablecoin, **EURC**, seeing a 60-70% jump since July.
- Circle has also applied for an Electronic Money Institution license in France, accepted by the French banking watchdog.
- CEO Jeremy Allaire is pushing for an IPO in the U.S., relocating Circleâs HQ to NYCâs One World Trade Center.
đŹ **What are your thoughts on MiCAâs impact? Share in the comments!** đŹ