Bybit: MiCA Legitimizing Stablecoins Will Set Europe’s Crypto Market Up to Soar
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MiCA set out to unify crypto rules across the EU. USDC becomes the first stablecoin under the MiCA framework. Experts talk about the impact of the decision on crypto in the EU. With the pieces of the European Union’s comprehensive Markets in Crypto Assets (MiCA) framework falling into place, experts are making their initial assessments. While skepticism prevails, crypto exchanges are now embracing unified rules across the EU. One of them is Bybit, which recently applauded the approval of Circle’s USDC stablecoin under EU’s MiCA rules. The Exchange believes that the new unified environment across all EU member states
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