Stablecoin Regulation in Europe (2025) 🇪🇺🦥
Stablecoins, cryptocurrencies pegged to assets like the euro or dollar, are regulated in the EU under MiCA (Markets in Crypto-Assets), effective since 2024.
MiCA Goals: Ensure financial stability, transparency, and consumer protection.
Key Rules:
- Issuers need an EU license.
- At least 60% of reserves must be held in regulated EU banks.
- Mandatory audits and whitepaper disclosures.
Market Impact:
- Non-compliant stablecoins ( face delisting
- Compliant coins like USDC and EURC gain traction.
- Euro-based stablecoins are rising in popularity.
Challenges: Strict reserve rules may pose risks to EU banks if issuers face issues.
Why it matters: MiCA boosts trust in stablecoins but tightens competition, phasing out non-compliant assets while integrating crypto into traditional finance.
Show original
2.31K
1
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.