New stablecoin regulations are urgently implemented! From January 2025, $USUAL needs to meet EU compliance requirements
From January 2025, the EU will implement stricter regulatory measures on stablecoins to ensure the transparency of the digital asset market and the protection of user rights. This new regulation puts forward clear compliance requirements for stablecoins such as $USUAL, including disclosure of fund reserves, registration of issuers, and strengthening the implementation of anti-money laundering (AML) and counter-terrorism financing (CFT) mechanisms.
Core changes
1. Transparency of reserves: $USUAL issuers need to disclose the specific distribution of their reserve funds on a regular basis and accept third-party audits to ensure the stability of their value linked to fiat currency.
2. Compliance registration: All stablecoin issuers must register with relevant EU financial regulatory authorities, and unauthorized operations may face huge fines or market bans.
3. Transaction monitoring: Blockchain transactions will be more closely tracked, and any large transfers exceeding the prescribed limits will be reported immediately to prevent illegal use.
Impact and significance
The implementation of the new regulations has a dual impact on participants in the entire crypto market. On the one hand, regulatory intervention may limit the free circulation of stablecoins such as $USUAL, while increasing their operating costs. However, in the long run, this can also enhance users' trust in $USUAL and promote its legalization and widespread application.
As an investor, you need to pay close attention to the performance of $USUAL and its potential impact on the market. If the issuer of stablecoins can quickly adjust the compliance path, the market may usher in a new wave of stablecoin dividends!