The largest stablecoin issuers are non-European, but they will have to get compliant fast if they don’t want to lose ground on the continent.
When the world’s fourth-largest cryptocurrency exchange delists its leading stablecoin for an entire continent, it raises eyebrows.
But this may just be a harbinger of things to come.
Expect more disruptions as Europe’s path-breaking Markets in Crypto-Assets Regulation (MiCA) regulatory regime takes effect at the end of June.