🚨 Breaking news: The stablecoin market is in turmoil in Europe! 🚨
- According to the EU's MiCA regulation, only USD Coin (USDC) and EURC from Circle meet the standards and continue to operate in the European Economic Area (EEA). Meanwhile, Tether (USDT) and DAI from MakerDAO do not meet the requirements, leading to restrictions on their use.
- Major exchanges like Binance and Coinbase have begun to restrict or remove non-compliant stablecoins, significantly impacting the market.
- Despite the market facing challenges, Bitcoin remains a bright spot with strong growth potential. 🌟
👉 What do you think about the future of stablecoins and Bitcoin? Please share your thoughts!