🚀 Latest news from the crypto world! Circle's USDC & EURC successfully meet EU MiCA regulations, remain available in the EEA. Meanwhile, Tether (USDT) & DAI are not yet eligible, restricted to the EEA.

🔍 MiCA comes into effect on June 30, 2024, requiring stablecoins to be issued by EMI-licensed entities. Binance & Coinbase begin restricting non-compliant stablecoins for EEA users.

💡 MiCA supports blockchain innovation with strict rules for stablecoin issuers. USDC remains operational in the EEA, while USDT & DAI are restricted.

📊 USDC is the only major stablecoin still trading on European exchanges. However, yields for stablecoin holders have been suspended.

🤔 What do you think about the new regulations? Let's discuss in the comments!