Tether and Binance Left Out on MiCA and EU Licenses
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最新报道：The EU's Markets in Crypto-Assets (MiCA) regulation will require crypto firms like Tether and Binance to obtain licenses to operate within the bloc starting June 2024. The rules mandate stablecoin issuers to maintain sufficient reserves and provide detailed disclosures. Non-EU firms must establish a local entity to serve European customers, raising concerns about compliance costs and operational hurdles. Industry experts warn this could push some companies out of the market, while others see it as a step toward legitimizing crypto. The European Banking Authority will oversee enforcement, with penalties for violations. The regulation aims to protect investors while fostering innovation in the digital asset space.
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