Circle Secures MiCA-Compliant EMI License for EU as Stablecoin Issuer
Money | July 1, 2024, 10:14 a.m.
In a recent interview, Disparate expressed a sense of responsibility towards MiCA, likening their relationship to a semi-parental one. Drawing from their experience with the Libra Diem project, they emphasized the importance of regulatory compliance in the cryptocurrency industry. Disparate highlighted how MiCA signals a shift towards greater legitimacy and permanence for the industry, but also serves as a reminder that shortcuts and operating in regulatory grey areas are no longer viable, especially in major economies like the third-largest in the world. This statement underscores the growing importance of adhering to regulations and transparency in the cryptocurrency market, as well as the need for industry participants to navigate the evolving regulatory landscape to ensure consumer trust and market access.