Circle Becomes First Issuer of MiCA-Compliant USDC and EURC Stablecoins in EU

Jul 2, 2024, 06:51 AM

Circle has become the first issuer of MiCA-compliant USDC and EURC stablecoins in the European Union. This milestone marks a significant step towards regulatory certainty in the crypto market, as the Markets in Crypto-Assets (MiCA) regulation partially went into effect on Monday. The regulation aims to provide a comprehensive legal framework for the crypto industry in Europe.