From July 1, crypto exchanges and stablecoin issuers in the EU will operate under the rules provided for by the MiCA law. 📜 The Markets in Crypto Assets Act (MiCA) came into force on June 30, which means significant changes for the crypto industry in the EU. The main provisions of MiCA concern the regulation of stablecoins and rules for a wide range of crypto assets and exchange platforms. As a result, some crypto companies have begun to restrict the use of stablecoins. For example, OKX suspended trading of the largest stablecoin Tether (USDT) for users from the EU.