Global #MiCA regulations

Tether's USDT, long the dominant stablecoin, is facing increased competition from USDC and FDUSD.

Following the demise of Tether's EURt, a wave of banks are entering the euro-backed stablecoin market.

Ireland is taking proactive steps to develop new cryptocurrency regulations in anticipation of the European Union’s forthcoming Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) legislation, set to take effect on December 30.

Coinbase, one of the leading cryptocurrency exchanges, has announced its decision to de-list unauthorized stablecoins across the European Union by December 30, 2024.

Starting October 31, 2024, cryptocurrency exchange Kraken will halt support for Monero (XMR) across all markets in the European Economic Area (EEA).

Today marks the official launch of the MiCA Crypto Alliance, a groundbreaking initiative formed by Ripple, Hedera, and the Aptos Foundation.