For a long time, this might have been a hurdle compared to other, more lax, regulatory environments. However, recent crypto crackdowns in the U.S. have shown that, while MiCA might be more strict on the issuance of stablecoins, it has the merit of being clear and providing stability.
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- Source: https://www.coindesk.com/consensus-magazine/2023/07/12/its-time-for-a-euro-stablecoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines