EU’s MiCA Crypto Regulations Could Impact Market Liquidity : Bloomberg

Quick Summary:

Many crypto exchanges in the EU have delisted the dominant stablecoin USDT to comply with the MiCA.

Crypto ownership in the euro area has more than doubled to 9% since 2022, though the European Central Bank cautioned that the increase may be influenced by a change in survey methodology.

In contrast, Europe is witnessing declining crypto investments and venture capital in crypto startups is set to hit a four-year low, raising concerns that it may fall behind in the crypto market.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Nidhi Kolhapur

Category: Crypto

Markets: United States

Topics: Crypto news News

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-20 @ 18:14:54 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 430 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 24570483

View Article Analysis

About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 27 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 15 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

Publisher Details

Frequently Asked Questions