Ian Allison is an award-winning senior reporter at CoinDesk. He holds ETH.
Stablecoin issuer Circle has secured an Electronic Money Institution license, a prerequisite to offering dollar- and euro-pegged crypto tokens in the European Union under the Markets in Crypto-Assets initiative, entering financial markets.
“MiCA is both vindicating of the industry and its permanence, but it's also clear that there is no more shortcuts, at least not in the third-largest economy in the world. Gone are the days where you could operate in a regulatory haven or in the shadows and then expect to have liberal and free access to consumers and market participants.”in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin.
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