The European Union is giving crypto exchanges three months, until January 8, to stop offering unauthorized stablecoins. This requirement stems from the MiCA regulation that now governs digital assets across the EU. Stablecoins must comply with the MiCA framework, with issuers required to meet reserve and transparency standards. Tether (USDT), the world’s largest stablecoin by market capitalization, could be directly affected by these new rules. Platforms will need to verify whether stablecoin issuers meet European standards before continuing to list them.
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