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By Peter Schulz 03/28/2025
The European Union has taken a bold step forward in regulating the cryptocurrency industry with the implementation of the Markets in Crypto-Assets (MiCA) framework. Set to be fully effective by March 2025, MiCA establishes a comprehensive rulebook for crypto assets, with a particular focus on stablecoins. By addressing both opportunities and risks in this evolving sector, MiCA aims to enhance consumer protection, ensure financial stability, and foster innovation across the European Union. Here’s a closer look at the directive and its implications for stablecoins and the broader crypto landscape.