Recent progress on the European Union’s proposed Markets in Crypto Assets (MiCA) law has made stablecoin issuer Circle bullish on growth in the European Union. Earlier this month, EU lawmakers finalized the legal text of the bill. If adopted, it will create stricter rules for crypto companies. But at least Circle will know what those rules are, an executive said while speaking at the Blockchain for EU Summit in Brussels on Tuesday. “There is now a regulated path for stablecoins in Europe,” said Patrick Hansen, Circle’s EU policy head. “The euro is the second largest world currency a ...
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