Coinbase, the second largest alternate, after Bybit, based on CoinGecko information, has been racing alongside different firms to grow to be compliant with the European Union’s MiCA guidelines which require corporations to be licensed in at the least one EU nation. Guidelines for stablecoins got here into drive on June 30, which require stablecoin issuers to have an e-money license in an EU member state to have the ability to function within the bloc of 27 nations.
