Circle's policy head, Patrick Hensen, discusses the potential impacts of the EU's Markets in Crypto-Assets Regulation (MiCA) on the crypto market at the EthCC event. Changes include improved EUR stablecoins and market consolidation.
The European Banking Authority (EBA) finalized the MiCA standards, aiming to enhance stability in the EU's crypto market through stringent liquidity rules and recovery plans for issuers. Increased adoption of EUR-stablecoins is reshaping the European crypto landscape.
