With MiCA, the crypto industry and banking sector are facing significant changes. Only the most serious players are prepared for this new landscape. In the stablecoin market, where the dollar reigns supreme, MiCA represents a pivotal moment where unregulated or non-compliant tokens will face delisting or severe restrictions on exchanges. This is because MiCA aligns stablecoins with established electronic money regulations, requiring all stablecoins offered by EU exchanges to comply with e-money token rules. This ensures token holders have the right to redeem their tokens at par for the underlying currency directly from the issuer, enhancing accountability and consumer protection throughout the digital asset value chain. In contrast, tokens like Terra Luna lack the same level of regulatory protections, leaving consumers vulnerable to crashes.
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