The major exchanges are acting cautiously prior to the partial implementation of MiCA, which might push Euro-pegged stablecoins adoption. USDT and USDC's future in the area remains unclear.
The paper, "MiCAR's Influence on Stablecoins: Industry Insights and Implications," highlights inconsistencies and areas for improvement in the new law.
The paper, "MiCAR's Influence on Stablecoins: Industry Insights and Implications," highlights inconsistencies and areas for improvement in the new law.
The major exchanges are acting cautiously prior to the partial implementation of MiCA, which might push Euro-pegged stablecoins adoption. USDT and USDC's future in the area remains unclear.
Binance executives Tigran Gambaryan and Nadeem Anjarwalla were excluded from the tax evasion case but remain included in the money-laundering charges. Gambaryan, the only present defendant, is reportedly being held in difficult conditions.
The new law complements a series of measures introduced by the government over the past two years to protect Australians from risky gambling behaviors.
On May 31, all unlicensed crypto exchanges had to leave the country. So far, only two local exchanges have secured licenses, and 18 more are waiting for the regulator's decision.
The SEC's potential approval of spot Ether ETFs has sparked a surge in Ether prices and optimism among investors, potentially paving the way for a broader range of crypto ETFs.
