![European Union’s MiCA Legislation and its Impact on Stablecoin Adoption: Lawyers Raise Concerns](https://dailytalks.org/wp-content/uploads/2023/07/81353-european-unions-mica-legislation-and-its-impact-on-stablecoin-adoption-lawyers-raise-concerns.jpeg)
The European Union’s Markets in Crypto-Assets (MiCA) legislation, enacted on May 31, has generated praise and concerns within the crypto industry.
While hailed as a groundbreaking regulatory framework for cryptocurrencies, there is growing apprehension regarding one particular aspect: the imposition of a daily transaction cap on private stablecoins…
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