Markets Daily Crypto Roundup
Crypto Update | Circle Gets First Stablecoin License Under MiCA, Head of Global Policy Weighs in on What's Next
Jul 2, 2024
Circle's Chief Strategy Officer and Head of Global Policy, Dante Disparte, discusses securing an EMI license under MiCA. Topics include crypto regulation, stablecoins in Europe and the US, global legislative progress, and the relationship between CBDCs and stablecoins.
19:10
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Quick takeaways
- Circle secured the first stablecoin license under the EU's new MiCA framework, signaling a milestone for global stablecoins and fostering retail and institutional adoption.
- Bitcoin's seasonal cycles may boost prices, with potential return increase in July, while Ethereum experiences significant outflows and other sectors show promise for Q3 performance.
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