Exploring the Impact of Newly-Imposed MICA Rules on the European Stablecoin Market
European stablecoin market declines under newly imposed MiCA rules Market Capitalization The market capitalization of European stablecoins declined in June due to the implementation of the Markets in Crypto-Assets (MiCA) regulation, according to CCData’s latest stablecoin report. The market cap of Euro-based stablecoins fell by 2.51%, hitting a seven-month low of $307 million, the lowest…