【Analyst: MiCA may cause crypto companies to withdraw their operations in the EU】 Golden Finance reported that an analyst said that the upcoming crypto asset market framework will impose strict regulatory requirements on stablecoin activities in the EU, which may have an adverse impact on the EU's cryptocurrency industry. Starting next Monday, as MiCA is partially implemented across the EU, stablecoin activities in the EU must comply with the new requirements. Jasper De Maere, head of research at Outlier Ventures, said that since most stablecoins are pegged to the US dollar, most of them are unlikely to comply with MiCA in the short term. De Maere told The Block: "After the implementation of MiCA, European citizens may face the consequences of limited trading channels, poor liquidity, and lack of access to more foreign crypto-native investment opportunities." Due to the new regulatory requirements, companies may withdraw their operations in the EU, thereby undermining innovation and consumer access in the EU cryptocurrency field. "With the full implementation of MiCA, major exchanges and stablecoin issuers are expected to make statements in the coming weeks and months.
